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Τετάρτη 21 Ιανουαρίου 2015

Syriza shadow finance minister: ‘We don’t recognise the troika’


πηγη:

In a speech at the Economist Conference in Athens, Yiannis Dragasakis- a possible finance minister in a Syriza government- laid out the party΄s negotiation plan. Dragasakis said the party ‘respects and listens’ to Chancellor Merkel and finance minister Schaeuble, but insisted it will ‘reexamine’ the terms of the country’s bailout


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Leading Syriza member Yiannis Dragasakis says that his party respects European institutions and bodies even though it may not agree with them, but does not acknowledge the terms of Greece’s memorandum and the troika of the country’s lenders.

“We do not acknowledge Memorandums. We consider them government letters of intent that do not bind the country,” he said during a speech at the Economist Conference in Athens.

Dragasakis is widely tipped to become the finance minister in a government by Syriza which insists that half of Greece’s €240 billion in bail debt must be forgiven

“There is no Troika and there is no evaluation [regarding the fate of the troika’s evaluations of the Greek reforms programme that were suspended in December], he said, adding that Syriza acknowledges Greece is binded by its loan agreements but seeks to reexamine them.

Harsh austerity under the terms of Greece’s bailout package have led to a soaring unemployment rate and the shrinking of the Greek economy by 25%.

Syriza lead in polls - riding a wave of public discontent with the harsh austerity dictated by the country’s lenders - and will most likely form a government - either by majority or through a coalition with other parties.

And the bets are on whether it will risk a confrontation with Brussels and Berlin over its intention to reexamine the country’s loan agreements  and re- negotiate their terms, or risk the wrath of its supporters if it backs down on its pre-election pledges.

Dragasakis appeared adamant that a Syriza government will challenge the terms of the bailout but insisted that there is no Greek-German difference.

“We respect the German Chancellor (Angela Merkel) and the German Finance Minister (Wolfgang Schaeuble) very much and we listen to what they have to say, “ he said, but  noted that the country’s interlocutors are the European Commision, the European Central Bank and the International Monetary Fund.

Dragasakis said it will take time for Syriza to present a fully-fledged programme but said it would rest on four pillars that will include the notions that Greece’s budget surplus must go to growth rather than to the service of the country’s debts and that fiscal targets must be lowered through a new fiscal framework  and new mid term programme..

He said the party will introduce reforms to tackle the deterioration of the country’s institutions and a programme to encourage investments and added that the circumstances surrounding the signing of the agreements must be examined by a third party.

Countries of the eurozone have ruled out another debt restructuring for Greece, with German  Finance Minister Wolfgang Schaeuble  saying that it was “out of the question. ”

Some analysts at home and abroad, and opposition parties in Greece, have warned that a Syriza government - the country’s first ever leftist one - could lead to a Grexit

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