jeudi 2 avril 2015
Samaras Says He’d Join Alliance to Keep Greece in Euro
Posted on 09:22 by nice news
While Samaras questioned Tsipras’s commitment to the single currency, he said it’s the only conceivable economic path for Greece.
“For the euro area, the spillover effect from Greece leaving the euro is not going to be today as big as it would have been four years ago,” Samaras said from his New Democracy party headquarters. “But it’s still going to be huge, and it’s going to be a political disaster,” he said in his office, where bullet holes in the walls and windows remained after a 2013 attack by opponents of his austerity policies.
Tsipras dismissed the prospect of joining the opposition leader. “Scenarios of a pro-bailout unity government that Mr. Samaras and various forces in Greece and abroad are plotting, are a midsummer night’s dream,” according to a statement issued by the premier’s spokesman, Gabriel Sakellaridis.
Market ‘Asphyxiation’
With cash running out and a renewed recession looming, Greece is in talks with euro-area officials on conditions for aid. The standoff has cost banks more than 15 percent of their deposit base, which has declined for six months.
The European Central Bank raised the ceiling of emergency cash keeping Greek lenders afloat to almost 72 billion euros ($78 billion). The country’s three-year debt fell, sending yields up 51 basis points to 23.7 percent at 1:45 p.m in Athens.
Tsipras says he wants to strike an “honorable compromise” that would pave the way for the disbursement of emergency loans and avert a default that could push Greece out of the currency bloc.
“I see a lot of words, a lot of theory, a lot of lies, and no action,” Samaras said. “All of these add up to a big question mark.” The government should honor the commitments made in February’s deal to extend the bailout, he said.
Financial Aid
“If they ideologically decide they
“For the euro area, the spillover effect from Greece leaving the euro is not going to be today as big as it would have been four years ago,” Samaras said from his New Democracy party headquarters. “But it’s still going to be huge, and it’s going to be a political disaster,” he said in his office, where bullet holes in the walls and windows remained after a 2013 attack by opponents of his austerity policies.
Tsipras dismissed the prospect of joining the opposition leader. “Scenarios of a pro-bailout unity government that Mr. Samaras and various forces in Greece and abroad are plotting, are a midsummer night’s dream,” according to a statement issued by the premier’s spokesman, Gabriel Sakellaridis.
Market ‘Asphyxiation’
With cash running out and a renewed recession looming, Greece is in talks with euro-area officials on conditions for aid. The standoff has cost banks more than 15 percent of their deposit base, which has declined for six months.
The European Central Bank raised the ceiling of emergency cash keeping Greek lenders afloat to almost 72 billion euros ($78 billion). The country’s three-year debt fell, sending yields up 51 basis points to 23.7 percent at 1:45 p.m in Athens.
Tsipras says he wants to strike an “honorable compromise” that would pave the way for the disbursement of emergency loans and avert a default that could push Greece out of the currency bloc.
“I see a lot of words, a lot of theory, a lot of lies, and no action,” Samaras said. “All of these add up to a big question mark.” The government should honor the commitments made in February’s deal to extend the bailout, he said.
Financial Aid
“If they ideologically decide they
Samaras Says He’d Join Alliance to Keep Greece in Euro
Inscription à :
Publier les commentaires (Atom)
0 commentaires:
Enregistrer un commentaire