Monday Jan 26, 2015 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
'I would never jeopardize parliamentary majority,' Papandreou says

 Former PM rules out speculation he plans to form his own political party

Two days after voting against changes to the bank capitalization framework, former Prime Minister and PASOK leader George Papandreou on Tuesday said he would never jeopardize the government's parliamentary majority, while ruling out speculation that he plans to form his own political party.

“It was a principled stance. I would vote against this if a similar vote came to the parliament,” Papandreou told Bloomberg.

“I can understand that in very difficult circumstances we may need at some points to privatize with the taxpayer taking a hit. But to put that into law so that this is sort of a policy ad infinitum, particularly when Greeks have sacrificed so much, to take the losses again and again for bailouts of banks, I am against that in principle,” he said.

On Sunday, Papandreou voted against the omnibus bill’s second article, which seeks to create a new legal framework for banks. Veteran PASOK MP Apostolos Kaklamanis voted “present” for the same article.

The government won the vote with 152 MPs supporting the first article and 151 the second. PASOK leader Evangelos Venizelos did not choose to eject the two lawmakers from PASOK’s parliamentary group, as Prime Minister Antonis Samaras did with New Democracy deputy Nikitas Kaklamanis, who did not vote for both articles.

Kaklamanis’s ouster meant that the government went down to 152 seats in Parliament. If Venizelos had taken the same action against the two PASOK MPs that failed to provide full support, the coalition would have lost its two-seat support, putting its future in serious doubt.

“I did not and I would not jeopardize the majority in Parliament. This was a personal vote, a political vote and it was of course a statement on some of the things which I think that we need to see not only in Greece but in Europe. Because we have systemic problems around the banking crisis,” Papandreou said.

“We haven't moved far [on these],” he added.

Asked whether the government can bring the adjustment program to a successful closure and stay in power until 2016, Papandreou said he believed the coalition could complete its four-year term.

“I think it's possible,” Papandreou said making clear that he will continue to support the coalition.

Venizelos's predecessor also ruled out speculation that he plans to step down from PASOK, the once-dominant party founded by his father Andreas Papandreou, and establish his own political party.

“These are simply rumors,” he said.

ekathimerini.com , Tuesday April 1, 2014 (16:50)  
Prison probes violent attack against N17 convict Xeros
Exit polls suggest big margin of victory for SYRIZA
Greece’s diplomatic missions ‘on hand to assist Greeks in Ukraine’
ANTARSYA, GD representatives attacked at polling stations
Talks with troika the main test
The left-wing SYRIZA party’s triumph in the Greek national elections sends a strong message across the eurozone that excessive austerity will have political and social repercussions if pursu...
Fiscal gap from revenues at 2.3 bln euros
With the state budget apparently already suffering revenue losses of more than 1 billion euros in the first month of the year, the new government will have to respond quickly to the major fi...
Inside Business
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakos’s 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
BASKETBALL
Tremendous Spanoulis sweeps Laboral Kutxa
A hot second half was enough for Olympiakos to undo visiting Laboral Kutxa and score its fourth win in as many games at the second round of the Euroleague on Friday. The 76-64 final score wa...
Inside Sports
FOCUS
A SYRIZA government in Greece: what it wants and what might be possible
The left-wing SYRIZA party led by Alexis Tsipras looks likely to win the Greek general election on Sunday after campaigning on a pledge to renegotiate the country’s international bailout and...
COMMENTARY
The train
If we go by the polls, SYRIZA is set to win Sunday’s election and form a government. New Democracy did not really campaign, or perhaps it did so in a way that can only be explained if the pa...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Prison probes violent attack against N17 convict Xeros
2. Talks with troika the main test
3. Fiscal gap from revenues at 2.3 bln euros
4. Liquidity noose tightening around local lenders’ necks
5. Banks make plans for tackling impact of Swiss franc’s growth on borrowers
6. Eurogroup set to point to an extension to bailout program
more news
Today
This Week
1. Greek Elections 2015 | LIVE
2. Greek Elections 2015 Results | LIVE
3. Greeks vote for reform path or defiance
4. A SYRIZA government in Greece: what it wants and what might be possible
5. Exit polls suggest big margin of victory for SYRIZA
6. SYRIZA aims for landmark election win
Today
This Week
1. Greek Elections 2015 | LIVE
2. Grexit the only way out of ‘valley of tears,’ says Hans-Werner Sinn
3. Greek Elections 2015 | LIVE
4. No debt writedown or rolling back of reforms for Greece, says Finland's Stubb
5. Greeks fork out nearly 5 pct of their incomes on telecom services
6. QE exclusion a ‘de facto Grexit’
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.