Mitsotakis: Courageous debt restructuring needed; ND won’t vote for any new austerity measures

29 March 2017
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Main opposition leader Kyriakos Mitsotakis said he believes a “courageous debt restructuring” is necessary for Greece, something he said European creditors promised as far back as 2012.

Speaking to a local television station on the large island of Crete, the New Democracy president also repeated that his party – which now enjoys double-digit percentage leads over ruling SYRIZA — will not vote for any new austerity measures “or countervailing measures” brought by the leftist government.

“We need an expansion of the grace period (for repaying loans) and a reduction in interest rates. We know what is acceptable. When Mr. (Greek PM Alexis) Tsipras was demanding a write-off of the debt, he knew he was asking for something that could not happen; he was undermining the country’s credibility. Of course, he’s swallowed all of these (promises), he’s forgotten them,” Mitsotakis charged.

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