Thursday April 2, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Tsipras proposes euro debt conference, gov't claims SYRIZA inconsistency

SYRIZA leader Alexis Tsipras has proposed that the eurozone hold a debt conference to resolve the economic problems of its southern periphery.

Speaking to The Guardian, Tsipras suggested the conference should mirror one held to settle post-Second World War Germany’s debts, as the recent agreement to reduce what Greece owes would not be successful.

"It is quite clear that the latest agreement was a compromise that will only perpetuate the uncertainty … Merkel has to say to her people before [the 2013 German] elections that the programme is not working,» he told the newspaper.

"The only viable solution is a haircut not only for Greece but the entire southern periphery.

"That is why we are proposing a conference along the lines of the one that took place in London in 1953, which relieved Germany of around 60% of its debt. We want to agree with our lenders on a credible solution. It doesn't matter where it takes place but it should happen as soon as possible."

Tsipras repeated his position that the current debt crisis in Greece and other parts of the eurozone could not be tackled through austerity.

"When the crisis began in 2009 our debt stood at 120 percent of our GDP. This year it is projected officially to be 175.6 percent. And now they [EU-IMF] say that to make the debt viable we must hit 124 percent of GDP by 2020,» he said.

"Let's suppose they are right – but how do they want to get there? After 12 years of catastrophic austerity and measures totalling 19 billion euros Greece will have become a no-man's land."

Government spokesman Simos Kedikoglou accused Tsipras’s party of being double-faced in its position on European issues, with part of SYRIZA advocating a return to the drachma.

“Who was Mr Tsipras addressing with the pro-European face he wore [in the interview]?” said Kedikoglou in a statement. “Certainly not the SYRIZA factions that insist on showing faith to the drachma lobby.”

ekathimerini.com , Monday December 10, 2012 (15:32)  
Greece-Russia overtures seen as sideshow by Merkel, Hollande
Samaras says he’d join alliance to keep Greece in euro
Jailed ex-minister´s wife escapes from custody at mental health unit
Government considers ministry switch after Parliament protest
ECB raises ELA limit by 700 mln euros
Greek banks received a cash lifeline of just 700 million euros from the European Central Bank on Wednesday as this is the estimated amount of liquidity needed by the local credit system for ...
Attica office market sees no end to crisis-linked drop in demand
No more than 45,000 square meters of office space has been absorbed by the Attica market through new leases in the last couple of years, according to data compiled by Savills Hellas property...
Inside Business
BASKETBALL
AEK could get a wild card to the Euroleague
AEK shows capable of climbing as high as third in the Basket League, as its 16-point home win over third-placed Aris on Sunday confirmed it can challenge both Aris and PAOK to the first spot...
SOCCER
Cyprus soccer eyes reunion after 60-year divorce
Turkish Cypriot soccer officials on Monday vowed to press ahead with attempts to reunite with the Cyprus Football Association, (CFA), triggering a political storm on the ethnically-split isl...
Inside Sports
COMMENTARY
Turkey’s inner turmoil
Because every aspect of Greek economic and political life is being governed by total chaos and division, because the country is not located safely in the middle of Europe and because there i...
EDITORIAL
Everything is not OK
What we are experiencing these days is the epitome of an axiom that has emerged since the restoration of democracy in Greece, whereby everything is allowed. The phenomenon of sit-ins and occ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greece-Russia overtures seen as sideshow by Merkel, Hollande
2. Samaras says he’d join alliance to keep Greece in euro
3. Jailed ex-minister´s wife escapes from custody at mental health unit
4. ECB raises ELA limit by 700 mln euros
5. Attica office market sees no end to crisis-linked drop in demand
6. Stathakis prefers PPPs for the concession of regional airports
more news
Today
This Week
1. Jailed ex-minister's wife escapes from custody at mental health unit
2. Samaras says he’d join alliance to keep Greece in euro
3. Greece-Russia overtures seen as sideshow by Merkel, Hollande
4. Everything is not OK
5. Turkey’s inner turmoil
6. Going his own way
Today
This Week
1. Next Monday is D-Day for state funds
2. Eurogroup unlikely to be held soon to discuss Greek reforms
3. Moscow expects progress from Tsipras visit
4. Amateur antics or overstepping the mark?
5. Greece optimistic on deal with euro area next week
6. ECB nerves fray on Greece as supervisors rile central bankers
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.