Main opposition MP blames government, PM, for stock market crash on Monday

Newsbomb

Main opposition lawmaker Christos Staikouras, who comments on economic issues for New Democracy, blamed the government and Prime Minister Alexis Tsipras for the historic plunge of Athens’ stock exchange on Monday.

Staikouras says there are responsibilities for what happened in the stock market which should be investigated on all levels. He accused the government of irresponsibility, constant retractions, amateurism and misguided statements even by Tsipras on the banking system and specific banks, as well as on playing dangerous games with the so-called plan B and plans to return to the drachma.

“All these, as well as the closure of the banks and the capital controls which resulted from the actions and omissions of the government led to today’s collapse of the stock market,” Staikouras said.

“It’s a collapse which bears a huge cost for investors and mainly from small investors; a cost which has been accumulated and inflated in the first half of 2015,” he added.

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