Monday, January 24, 2011

Tsipras critical of 'irresponsible' government stance on restructuring debt

The government was handling the issue of restructuring Greece's debt "irresponsibly," Coalition of the Radical Left (SYRIZA) Parliamentary group leader Alexis Tsipras said on Monday during a meeting with staff unions at the Hellenic Vehicle Industry. 
 
He urged prime minister George Papandreou "to stop hiding behind his finger and seek a renegotiation of the debt without painful terms, so that the Greek people have a chance to emerge from the crisis without everything being levelled". 
 
Tsipras pointed out that both in the case of borrowing directly from the European Central Bank and that of issuing a eurobond, the government had finally adopted policies first proposed by the Left that it had initially dismissed as unrealistic. 
 
"As was the case with the Memorandum, so now the restructuring will come with terms that our creditors impose on us and they will simply bring them to the prime minister to once again sign them," he added. 
 
 
 
 
source: ana-mpa