Monday November 24, 2014 Search
Weather | Athens
18o C
10o 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)  
Cyprus on agenda in Biden visit to Istanbul
PASOK nixes Papandreou leadership challenge
Troika tests gov’t nerves as budget rift persists
Climate change to hit farming, Greek coastline
ANALYSIS
Athens deserves slack from creditors
Talks between the government and the troika about the pending review of the Greek economic policy program have stalled over a number of issues, most prominently next year’s fiscal gap. Altho...
Transfer tax to be based on actual property cost, not objective value
The government intends to provide a boost to the local real estate market by reducing the tax on property transactions as of 2015, with the aim of attracting foreign investors by cutting the...
Inside Business
BASKETBALL
Olympiakos ends PAOK´s unbeaten run in Basket League
Olympiakos put an end to PAOK’s unbeaten run in the Basket League with an emphatic win at the Peace and Friendship Stadium, leaving Panathinaikos as the only team with a perfect record so fa...
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japan’s image and economy following the triple blow of the earthquake, tsunami and nuc...
Inside Sports
COMMENTARY
Extremism from a bygone era
There are times when we seem to be overcome by self-destructive madness. I hear various commentators and politicians speaking in extreme terms of a junta, of defections, gallows, collaborato...
EDITORIAL
No call for more games
Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Olympiakos ends PAOK´s unbeaten run in Basket League
2. Athens deserves slack from creditors
3. Transfer tax to be based on actual property cost, not objective value
4. Key general meeting at OLP on Tuesday
5. Agenda
6. Carlsberg to use Greece as regional junction
more news
Today
This Week
1. Extremism from a bygone era
2. No call for more games
3. Carlsberg to use Greece as regional junction
4. Transfer tax to be based on actual property cost, not objective value
5. Athens deserves slack from creditors
6. Key general meeting at OLP on Tuesday
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Anti-junta uprising anniversary to be marked amid tight security
4. Every age has its collaborators
5. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
6. Give Greece a chance
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.