Wednesday May 27, 2015 Search
Weather | Athens
14o C
09o 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)  
Kareli trial postponed
Target of Greek scorn shapes nation’s fate as IMF’s storm-chaser
Athens waits to hear EU scheme for refugees
Parliament starts fresh inquiry into Siemens scandal
EU funds at risk due to payment halt by the state
Greece runs the immediate risk of missing out on 1 billion euros worth of European Union subsidies this year from the previous support framework, which expires on December 31, as a payment f...
Half of Greeks cover their needs from their deposits
Greek salaried workers cannot buy what they want but, rather, have to limit themselves to what they can afford on their reduced disposable income, a survey by the Labor Institute of the Gene...
Inside Business
SOCCER
AEK Athens returns to top league after financial collapse
Greek club AEK Athens has just returned to the country's top soccer league, two years after financial collapse sent it to a lower league. One of the country's largest clubs, AEK sealed its s...
SOCCER
Berg brace gives Panathinaikos four-point lead
Panathinaikos beat Atromitos on Sunday and took advantage of the goalless draw between PAOK and Asteras Tripolis to open a four-point gap from PAOK at the top of the Super League play-off mi...
Inside Sports
COMMENTARY
Romantic notions meet reality
Before the elections, there was a considerable number of people who totally disagreed with the ideas and program put forward by SYRIZA, but they expected that the leftist party would, at lea...
EDITORIAL
Solving the Gordian Knot
The leftist-led government, as well as the country, have both been seriously damaged and exposed to risk from the evident indecision and repeated contradictions dogging the ongoing negotiati...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Kareli trial postponed
2. Target of Greek scorn shapes nation’s fate as IMF’s storm-chaser
3. AEK Athens returns to top league after financial collapse
4. EU funds at risk due to payment halt by the state
5. Half of Greeks cover their needs from their deposits
6. Greece reaps 2 billion euros per year from cruise sector
more news
Today
This Week
1. Romantic notions meet reality
2. Solving the Gordian Knot
3. Target of Greek scorn shapes nation’s fate as IMF’s storm-chaser
4. Kareli trial postponed
5. IMF's Blanchard says Greek budget proposals not enough
6. Germany sees progress on Greece, EU officials to confer on Thursday
Today
This Week
1. Conspiracy madness
2. National self-awareness put to the test
3. Albanian demarche raises concerns about possible territorial claims over Greece
4. Hotel contracts with a ‘Greek default clause’
5. Neither Grexit nor a dual currency will solve Greece’s problems
6. Merkel said to plan address for Greece if deal reached
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.