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Statement by Giannis Milios, SYRIZA responsible for economic policy, regarding the “exit” to the international financial markets




April 9, 2014

We wish the government could at last explain the goal of cheering the “exit to the international financial markets”. Because today, concurrently with the “joyful news” from the markets:


1)    A 2,3 billion Euro raise to new citizen’s debts to the state has been announced, although the state has received more than 600.000.000 Euro from old debts of the citizens in the first two months of the year.

2)    A raise in the primary surplus of the general government to 3,5 billion Euro in the first two months of the year has been announced.


Given the previously much publicized governmental commitment that this year there will be no financing gap, we call the government to clarify what exactly drove the need for the “exit” we hear so much about. Is it a way for the government to indebt the people further so as to get back after the elections the pennies it gave out with the “social share”?

Obviously, the showcased “exit” is part of the electoral campaign. Hundreds of millions Euros will burden the state in order to serve Mr. Samaras’ intention to divert the news from “Baltakos scandal” and the extreme right wing embrace of the government to other topics ….

Regrettably for the government, the markets did not consider the state credit-worthy and consequently contributed only 2 billion euro to the show. How could the markets possibly consider the Greek state credit-worthy when the proportion debt/GDP has risen from the time we embarked on the memorandums?

Even this meager support from the market to the electoral show of the government manifests the big powers’ wish to praise austerity, wage cuts and the impoverishment of the majority of the population. After the carrot the stick is expected.

Probably Mrs. Merkel will say on Friday that unless the government continues to take measures against the majority of the people the program will be in danger …

The real issue is what the Greek people will say on the 18th and 25th of May. . .

 



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