Friday November 28, 2014 Search
Weather | Athens
14o C
8o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
SYRIZA leader asks EU officials to 'reexamine' bailout

Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras has written to top EU officials to argue that Greece’s Memorandum of Understanding with its lenders has been “politically delegitimized” by the result of Sunday’s elections, which saw New Democracy and PASOK – the two parties that signed the deal – gain just 32 percent of the vote.

Tsipras, however, toned down his pre-election talk of unilaterally rejecting the terms of the bailout. Instead, he called for the agreement to be “reexamined.”

“The Greek people’s vote on Sunday, May 6 politically delegitimizes the Memorandum of Understanding… which was signed by the leaders of the two parties that guaranteed the Papademos government’s parliamentary majority,” wrote the SYRIZA leader in his letter.

He added that the EU-IMF program had also lost its legitimacy because it had failed to “challenge the structural imbalances and inequalities in the Greek economy.”

“Greece is the money European country that in peacetime is going through a fifth year of deep recession,” Tsipras added.

“We must urgently protect the economic and social stability of our country… the continued application of the internal devaluation program will lead the economy to disaster, without creating conditions for recovery.”

Tsipras, who had proposed that Greece reject the bailout terms, suggested in his letter that they be reviewed instead.

“It is our duty to reexamine the whole framework of the existing strategy, given that it not only threatens social cohesion and stability in Greece but is a source of instability for the European Union and the eurozone.”

The letter was sent to the European Commission President Jose Manuel Barroso, the head of the European Council Herman Van Rompuy, European Parliament chief Martin Schultz, European Central Bank president Mario Draghi and Eurogroup head Jean-Claude Juncker.

ekathimerini.com , Thursday May 10, 2012 (19:17)  
Seven PASOK MPs voice support for party leader
New law could transfer control of unused buildings
Greece set to accept continued role for IMF
Independent Greeks MP claims bribe attempt
PPC profits power up in Jan-Sept
Public Power Corporation’s impressive profits in the first nine months of 2014 create significant scope for a reduction in electricity rates and are the result of a cut in spending on fuel a...
Papastratos banking on exports
Leading tobacco firm Papastratos on Wednesday announced that a planned investment of 25 million euros in the transformation of the company’s factory into an exporting center is in the works....
Inside Business
SOCCER
PAOK is one win from Europa League´s last 32
A late brace by Stefanos Athanasiadis gifted PAOK a precious win at Dynamo Minsk on Thursday, meaning that the Thessaloniki team is one win away from graduating from the group stage of the E...
BASKETBALL
First defeat for Olympiakos in Euroleague
Olympiakos suffered its first Euroleague loss of the season going down 89-70 at Laboral Kutxa on Thursday, although the Greek team remains the favorite to clinch the top spot in its pool. Th...
Inside Sports
COMMENTARY
The presidential election paradox
A few days ago, speaking with a visiting colleague who neither works in Europe nor covers events here, I suddenly felt how much we Greeks take for granted some things that should have worrie...
COMMENTARY
Scraping together the 180 MPs will not be enough
Even if the coalition government was to scrape together the 180-MP majority it needs to elect a new President in the 300-seat House, skeptics say, what will change really? There is one evide...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. PAOK is one win from Europa League´s last 32
2. First defeat for Olympiakos in Euroleague
3. PPC profits power up in Jan-Sept
4. Papastratos banking on exports
5. Saudi group Olayan to enter Costa Navarino
6. Bank-financed property transactions rise a notch
more news
Today
This Week
1. Greece paralyzed by major strike, flights cancelled
2. Greek diplomat dies in fall under Thai train
3. Greece scrambles to find food, shelter for 700 migrants on crippled ship
4. Chief suspect in Piraeus bar shooting arrested
5. Scraping together the 180 MPs will not be enough
6. Troika talks to continue after failure to wrap up negotiations in Paris
Today
This Week
1. Give Greece a chance
2. Scientists expand excavation of ancient Amphipolis
3. Extremism from a bygone era
4. Greece paralyzed by major strike, flights cancelled
5. Piraeus nightclub shooting leaves 3 seriously injured
6. Cosco’s Greek unit adds multinational rail-freight client
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.