Greece: suspended international aid to the result of legislative


Cassandra of Greek politics had predicted: the only presidential candidate Stavros Dimas received only 168 votes in the third and final round of voting in the presidential election, which was held on Monday in the Vouli, the Greek Parliament. He would have needed 180 to be elected.


Consequence: the room will be dissolved. The outgoing Prime Minister Antonis Samaras announced early parliamentary for January 25. A scenario that opens the door to come to power Syriza radical left opposition.


This has stalled the Athens Stock Exchange by more than 11%. The benchmark of no more than 3.9% abandoned at closing. Markets fear that Greece overcome the Troika, as we explained to our correspondent, Giannisis Stamatis: "For many analysts, this legislation will have a referendum-like where voters will decide whether the country should continue reforms Economic agreed with the troika - the European Union, European Central Bank, International Monetary Fund - or should go to the collision with its international creditors. "


Moreover, the IMF decided to suspend payment of the next tranche of aid to Greece until the formation of a new government. According to him, the postponement does not jeopardize the financial viability of the country that has returned to growth after six years of recession. Since 2010, the troika has released no less than EUR 240 billion to avoid bankruptcy for Greece. It now requires new salary cuts and new tax increases to pay an additional € 7.2 billion.


If elected, the leader of Syriza, Alexis Tsipras, notably promised the end of austerity and the cancellation of nearly two-thirds of the Greek debt, currently estimated at 175% of GDP. He also spoke of increasing the minimum wage and state spending and re-nationalize recently privatized property.






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