Wednesday September 3, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Tsipras wants European conference to solve debt crisis

Europe must abandon austerity policies and convene a summit to make Greece’s debt sustainable and return the country to growth, said Alexis Tsipras, the nation’s main opposition leader.

“Our strategy, if we were to be elected in Greece, is to cancel austerity measures, cancel the memorandum of austerity,” Tsipras, who heads the Syriza party, told Bloomberg Television in New York on Jan. 25. “We must have a restructuring of Greece’s debt and renegotiation of the loan agreement.”

Tsipras said a European conference similar to one held in 1953, which brought debt relief to Germany, is necessary to solve the region’s crisis. It should accompany a plan such as the one proposed by former U.S. Secretary of State George C. Marshall in 1947, which channeled American aid to help rebuild Europe after World War II, that would revive economic growth in Greece and southern Europe, he said.

The 38-year-old Tsipras led Syriza to a second-place finish in inconclusive elections in May on an anti-austerity platform, stoking concern about Greece’s future in the 17-nation eurozone. The party finished second in repeat elections a month later that saw the first-place New Democracy party, led by Antonis Samaras, go on to form a coalition government.

Four polls published on Jan. 26 and Sunday showed New Democracy with an edge of between 0.4 percent and 1.7 percent over Syriza, or “Coalition of the Radical Left.”

Tsipras said austerity policies have been disastrous for the Greek economy, which is set to contract for a sixth year in 2013 with unemployment at a record high. Greece’s government has implemented budget cuts and economic reforms to tame a fiscal deficit that has led to bailouts from the European Union and the International Monetary Fund.

Greece won’t be ejected from the euro if it abandons austerity policies and demands changes to its bailout agreements, he said.

“Nobody can estimate who needs who most, but the certainty is that if Greece leaves or if they decide to eject Greece, it will be a total disaster for the euro and would be a step backward for the global economy,” Tsipras said. “If a country can go to Brussels and say ‘enough is enough with these irrational policies,’ I do think their reaction will in fact be more measured and they will agree to have a dialogue, a renegotiation.”

[Bloomberg]

ekathimerini.com , Tuesday Jan 29, 2013 (11:19)  
Report points to suspicious clinic charges to EOPYY
New rector seeks to introduce ID checks at University of Athens
Gov’t upbeat in troika talks, says budget ´on target´
Anti-racism bill approved in principle, final vote Friday
Helexpo sell-off plan to be ready by mid-October
Helexpo, the state company that organizes major exhibitions such as the Thessaloniki International Fair, is in the last stages of drawing up its privatization plan. Sources say that the prop...
Maniatis talks energy with Washington’s man in Athens
Energy Minister Yiannis Maniatis held a meeting yesterday with US Ambassador in Athens David D. Pearce to discuss possible natural gas supply problems that Europe may face this winter due to...
Inside Business
Grateful Saviola thanks Olympiakos, joins Verona
Former Argentina international Javier Saviola has thanked Greek champions Olympiakos for the "beautiful moments" during his season-long stint in Greece as he left the club to join Serie A ou...
SOCCER
Greece defender Papadopoulos fires parting shot at Michel
International defender Avraam Papadopoulos suddenly quit Olympiakos on Monday to join Turkish club Trabzonspor, and fired a parting shot at Olympiakos manager Michel putting the blame on the...
Inside Sports
COMMENTARY
Politicized archaeology
Let us suppose that archaeologists discover that the tomb uncovered in Amphipolis was not the resting place of Roxana or Nearchos, but of Alexander the Great. Let us assume, that is, that ar...
EDITORIAL
Moderating expectations
Politics is, to a great extent, all about managing expectations, and anyone who raises that bar too high or too fast is at serious risk of disappointing and losing the people’s favor. In a c...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Helexpo sell-off plan to be ready by mid-October
2. Maniatis talks energy with Washington’s man in Athens
3. Task force to examine cases of extreme taxation, customs issues
4. Hotels hike prices by 10 pct in H1 of 2014
5. Pension system nears breaking point
6. Report points to suspicious clinic charges to EOPYY
more news
Today
This Week
1. Politicized archaeology
2. Rain and storms with hail expected in many parts of Greece
3. Reforms to dominate Greek talks in Paris, debt relief talks later, says source
4. New committee formed to assess progress of deregulation in closed-shop professions
5. Greece needs private debt overhaul, Piraeus Bank CEO says
6. Moderating expectations
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. The battle against progress
3. Strong undersea quake occurs off island of Milos, felt in Athens
4. Hardouvelis, ECB executive discuss bank program, stress tests
5. Greek quest for debt relief faces hurdles in Paris
6. Prospect of Greek grand prix back on the agenda; huge investment needed
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.