ND criticises gov't for extension of loan memorandum 'under worse conditions'
Main opposition New Democracy (ND) party on Thursday accused the government of inaccuracies and blatant lies, underlining that the agreement reached with the partners is, in essence, an extension of the memorandum under worse conditions for the country.
ND sources pointed out that contrary to ruling majority party SYRIZA's claims, there is no separation between the loan contract and the memorandums. What the government requested through the finance minister's email on February 18 and the Eurogroup approved was the extension of the existing memorandum for four more months on conditions.
"The government has not only not 'torn up' the memorandum, it cosigned it, instead," ND said, citing relevant announcements by Greece's creditors (European Commission, ECB and IMF) which underline that the country's fiscal programme review will be based on the existing memorandum.
As regards the government's statements that it has put an end to the outrageous primary surpluses, the party referred to the Eurogroup agreement and accused SYRIZA of "pledging to secure the primary fiscal surpluses needed to guarantee the debt's sustainability."
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