Monday October 20, 2014 Search
Weather | Athens
24o C
16o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Samaras: Greece faces 'final hurdle'

Having succeeded in changing the country’s image on the world stage, Greece is facing its “final hurdle” as a decision on the disbursement of a crucial rescue loan draws closer, Prime Minister Antonis Samaras told Sunday’s Kathimerini in an interview.

“We changed Greece’s image and this has been recognized by everyone,” Samaras said, noting that a visit to Athens last week by German Chancellor Angela Merkel represented the culmination of this acknowledgement by Greece’s European peers.

The premier said it was “realistic” that Greece would secure a crucial 31.5-billion-euro rescue loan without which the country faces bankruptcy in late November and dismissed the prospect of its disbursement in installments as “extremely dangerous.” “If we don’t get it, the consequences will be dramatic,” he said.

Samaras said he was confident that an agreement on a 13.5-billion-euro austerity package will have been reached by Thursday’s EU leaders’ summit. Once this has been achieved and a disagreement within the troika regarding the best method for securing the sustainability of Greek debt has been resolved, the government will take the new measures to Parliament, Samaras said. “After this, it will be a matter of days before the new agreement has been voted on in Parliament,” he said.

He insisted that his government would not flinch in implementing tough structural reforms, including the suspension of 15,000 civil service employees, and in taking on vested interests, heralding a crackdown on companies manipulating the market. “Whoever has created cartels should know that these practices have finished,” Samaras said, noting that his key aim remained to bring liquidity into the market and fight a deepening recession.

ekathimerini.com , Saturday October 13, 2012 (18:13)  
Health Ministry looking to hire 4,000 new staff
Parliament´s draft budget sees reduction of some 2 mln euros
Trial of GD members accused of 2012 attack postponed to April
Stavros Niarchos Foundation donates 26.8 million to social projects
Fresh growth for banks buoys Athens benchmark higher
Greek stocks continued along the path toward recovery on Monday after the big sell-off observed last week, as banks appear increasingly confident ahead of the announcement of the stress test...
Greek 5-year yields rise 55 bps to 7.62 pct
German bunds advanced and Greek securities declined on Monday, extending losses that sparked a sell-off in the periphery last week. Greek five-year yields rose 55 basis points to 7.62 percen...
Inside Business
BASKETBALL
Reds lose to Nea Kifissia, search for new coach
Nea Kifissia recorded the biggest win of its short history in the top flight defeating Olympiakos 68-67 on Sunday, in a Basket League weekend marred by the abandonment of the Thessaloniki de...
SOCCER
OFI stuns Panathinaikos, Mitroglou hits twice
OFI Crete produced the upset of the week in Greek soccer beating Panathinaikos in Athens for only the second time in its history on Sunday, while PAOK stayed on top beating Atromitos at home...
Inside Sports
COMMENTARY
Stop moaning and get in the game
There are so many people who love spending their days talking about the crisis and proclaiming that they know exactly what needs to be done to solve the country’s problems. Some of them obvi...
EDITORIAL
Exorcising the ghosts
Developments last week held in store an uncomfortably realistic understanding of the risks engulfing the country. The massive sell-off in Greece’s stock and bond markets was a strong shock. ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Health Ministry looking to hire 4,000 new staff
2. Parliament´s draft budget sees reduction of some 2 mln euros
3. Trial of GD members accused of 2012 attack postponed to April
4. Stavros Niarchos Foundation donates 26.8 million to social projects
5. Fresh growth for banks buoys Athens benchmark higher
6. Greek 5-year yields rise 55 bps to 7.62 pct
more news
Today
This Week
1. Greece must stick to reforms, says Schaeuble
2. Bakers encircle Thessaloniki's White Tower with giant 'koulouri'
3. Turkish vessel enters Cypriot Exclusive Economic Zone
4. European leaders pivot back to debt crisis after wake-up call
5. Hardouvelis does not see 'big surprises' in ECB stress tests
6. Samaras to visit Cyprus on November 7, ahead of Egypt talks
Today
This Week
1. Possible third figure in Amphipolis mosaic may be uncovered shortly
2. Less haste, more focus
3. Greece to contribute 1 mln towards Gaza reconstruction
4. Greece nearing bailout exit, says gov't spokesperson after IMF talks
5. Istanbul skyscraper casts shadow over Greece's banking ambitions
6. Coalition shooting itself in the foot
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.