NEWS

Venizelos criticises government for 'secrecy over extension of memorandum

Venizelos criticises government for 'secrecy over extension of memorandum

Opposition PASOK leader Evangelos Venizelos on Thursday criticised the government for signing an extension to the loan memorandum and refusing to present it in Parliament, saying the ruling coalition had "opened gross issues of responsibility."

Venizelos said that "on February 27 they signed the four-month extension of the loan agreement without legal jurisdiction and they are hiding it from Parliament... so that it does not show that they signed the same text as the previous government. But this is not the end of the problem... A very harsh term was added: They [the creditors] removed from them 11 billion euros in capital from the Hellenic Financial Stability Fund at a time when the country has the most urgent funding needs." Now the government "says it gave 1.2 billion euros over what it should have given and is begging them to return them," he added.