Main opposition New Democracy (ND) leader Antonis Samaras on Wednesday expressed his clear support over the issuing of a eurobond, saying it would offer stability and would allow a country to repay its debt.
Addressing an extraordinary board meeting of the Athens Chamber of Commerce and Industry (Ebea), the main opposition leader stressed that long-term austerity solutions do not yield results and said he would soon meet with European Central Bank’s president Jean-Claude Trichet to request higher liquidity “or else the risks will be huge”.
Samaras also criticized the government for its economic policy saying 2011 would be a year of harsh austerity, unemployment and business closures and reiterated his view that the memorandum, signed with the EU and the IMF, was not “an one-way road” and it was not offering solutions, “something they have accepted also”.
source: ANA