Saturday Jan 31, 2015 Search
Weather | Athens
16o C
13o 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)  
Judges´ report on Golden Dawn case expected next week
Karamanlis, Bakoyannis discuss ND´s future
Imia flyover sparks Turkish reaction
Greece set on path for collision with its lenders
Increase in minimum salary is left aside for now
The Labor Ministry’s new administration is preparing to take cautious steps in the context of broader planning for employment and enterprises, which will risk creating a shock in the domesti...
Decline in euro rate has exporters eyeing growth in 2015
A decline in the exchange rate of the euro against the US dollar, as well as other major currencies, is key if Greek enterprises, and their eurozone counterparts, are to regain a significant...
Inside Business
BASKETBALL
Panathinaikos preserves perfect home record
After yet another great performance at home, Panathinaikos defeated Galatasaray 86-77 in Athens on Friday to get to three wins in five games at the Euroleague top-16. The Greek champion shoo...
SOCCER
Gattuso: Unpaid OFI players couldn´t buy food
Former coach Gennaro Gattuso has lifted the lid on the plight of crisis-club OFI Crete which has been banned from playing in the Super League until it clears mounting debts with its staff. T...
Inside Sports
INTERVIEW
SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
“SYRIZA must realize that it is now the Greek government, not a party running an election campaign,” European Parliament President Martin Schulz, the first European official to visit Greece ...
COMMENTARY
Strange haste
The members of the new government must have a lot of confidence in themselves. Several days before announcing his program, Prime Minister Alexis Tsipras and his cabinet have opened up a mult...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Panathinaikos preserves perfect home record
2. Increase in minimum salary is left aside for now
3. Decline in euro rate has exporters eyeing growth in 2015
4. TAIPED is stripped of its management and most projects
5. Tourism to build on last year’s massive growth
6. HFSF portfolio sees its value diminish
more news
Today
This Week
1. SYRIZA must come up with ‘pragmatic solutions,’ Schulz tells Kathimerini
2. Why Greece went left while Europe turns to right
3. Capital flees Greece at fastest pace since 2011
4. Greek government's signals very mixed, ECB's Jazbec says
5. EU's Schulz: Greece should follow EU line on Russia
6. Monastiraki restaurant fire prompts panic, restricted before spread
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greek Elections 2015: The day after | LIVE
5. SYRIZA's win will test institutions
6. Athens may veto further EU sanctions against Russia
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.