Saturday September 20, 2014 Search
Weather | Athens
27o C
19o 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)  
Mayors resisting evaluation to face disciplinary action
Fyssas rally demonstrators face prosecutor after clashes
PM in energy talks ahead of crucial meeting with Merkel
Attiki Odos Lamia exit to close Sunday
Record sum of new debts to the state in August
Expired debts to the state rose to a record high in August, according to data released on Friday by the Finance Ministry. The sum of taxes and fines that remained unpaid after their deadline...
‘Greece can meet its needs on its own’
Greece will be able to meet its obligations without any new assistance from the International Monetary Fund, Finance Minister Gikas Hardouvelis said on Friday in London, leaving the door ope...
Inside Business
SOCCER
Triumph for PAOK, historic result for Asteras in Europa League
Greek teams produced a patchy record on the opening night of the Europa League group stage on Thursday, as PAOK thrashed Dynamo Minsk, Asteras Tripolis snatched a draw at Besiktas and Panath...
SOCCER
Financial crisis forces Greek second division postponement
Greece's second soccer division Football League announced on Wednesday the postponement of the start of the season due to financial difficulties being faced by most clubs. "The board of dire...
Inside Sports
COMMENTARY
High stakes after the Scottish vote
We will soon know whether the Scots voted for their country’s independence or whether they will remain citizens of the “United Kingdom of Great Britain and Northern Ireland.” What was alread...
EDITORIAL
Breathing room
Even Greece’s biggest critics find it hard to deny that the debt-hit country has achieved an unprecedented fiscal turnaround within a very short period of time. Sure, progress in promoting t...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Record sum of new debts to the state in August
2. ‘Greece can meet its needs on its own’
3. Mayors resisting evaluation to face disciplinary action
4. Fyssas rally demonstrators face prosecutor after clashes
5. PM in energy talks ahead of crucial meeting with Merkel
6. Attiki Odos Lamia exit to close Sunday
more news
Today
This Week
1. Record sum of new debts to the state in August
2. ‘Greece can meet its needs on its own’
3. EIB signs deals with Greece for 815-mln investment in infrastructure projects
4. Dozens of arrests at march to mark anniversary of Fyssas murder
5. Hardouvelis signals Greece may skip IMF loans to exit aid curbs
6. Syntagma metro station to close for Fyssas tribute concert
Today
This Week
1. Greece on standby
2. Greece at bottom of social justice scale among EU28
3. Central Athens traffic restrictions back in force on Monday
4. Lost in the fog
5. Democracy under Pressure | Live Streaming
6. SYRIZA spokesman suggests gov't sought to stop NERIT airing Tsipras speech live
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.