ECONOMY

Alternate FinMin: If creditor talks collapse, other solutions can be found

Alternate Finance Minister Dimitris Mardas said on Friday that the government was attempting to reach a deal in negotiations with its creditors but that, if one was not reachable, other solutions could be found.

In comments to Skai, Mardas said Athens was intent on meeting its debt obligations on time but also on retaining the required reserves. As for speculation about a possible Greek exit from the eurozone, Mardas described it as “a virtual reality” scenario.

He said the government would draft a new mid-term program which would adopt spending and revenue targets to the provisions of a new deal Greece is aiming to reach with creditors.

Mardas also ruled out the possibility of the contents of safety deposit boxes at banks being opened to be taxed but said Greeks should declare their assets.

Speaking earlier to ANT1, Mardas said, “on the basis of current data, we can pay our obligations.” He added that conclusions being reached abroad about the state of the Greek economy “use other hypotheses and research than the ones we use” and that only Greece’s General Accounting Office knows the real figures.”