NEWS

PASOK MP resigns ahead of vote on loan agreement

PASOK MP Pavlos Stasinos, who represents Arta, has written to PASOK leader George Papandreou to inform him of his resignation due to his opposition to the terms of Greece?s new loan agreement.

Stasinos is reportedly giving up his parliamentary seat, which means he will be replaced by a new PASOK lawmaker.

On Thursday, Deputy Labor Minister Yiannis Koutsoukos, a PASOK lawmaker, resigned from the interim government, saying he disagreed strongly with some of the terms of Greece?s new bailout.

Koutsoukos said that some of the measures included in the deal were unconstitutional, breached treaties and went against European norms. He also blasted the role of the International Monetary Fund, saying it was ?beholden to its own ideology? and ?serving certain interests.?

He accused the Washington-based fund of ignoring the impact that the measures would have on the deep recession in Greece.

Also on Thursday, New Democracy deputy Yiannis Manolis resigned as party secretary for trade union issues in protest at the measures in the loan agreement.