Arab Today, arab today pm grexit not an option
Last Updated : GMT 13:22:57
Arab Today, arab today
Arab Today, arab today

PM: Grexit not an option

Arab Today, arab today

Arab Today, arab today PM: Grexit not an option

London - Arabstoday

Greek Prime Minister Antonis Samaras said, in an interview published late on Saturday, that exiting the eurozone was “not an option for Greece and expressed his determination to forge ahead with painful reforms. “We have to make sure that we abide by what we have signed because we believe that what they call ‘Grexit’ (a Greek exit from the eurozone) is not an option for us,” Samaras told The Washington Post. “It would be a catastrophe,” he added. “In 2013, we are going to have a country in the sixth year of a recession with unemployment above 22 per cent and rising. We are here to fulfil our obligations, to meet our targets.” Samaras, who became prime minister earlier this year, is trying to implement major budget cuts demanded by the European Union, the International Monetary Fund and the European Central Bank in return for vital bailout funds. But the Greek prime minister insisted it would be impossible for parliament to approve these cuts right now. “I have to pass it through parliament, and it will pass parliament because we all realise the No. 1 prerequisite for our future is to stay in the eurozone,” he said. “But it is a four-year programne, not something we can do today.” Athens to get more time          Austria’s finance minister says Greece will get more time to repay the loans it received from international creditors.  Maria Fekter told Oesterreich in an interview that the extension would be “cost neutral.” Greece is struggling to repay some of its debts because a €31 billion ($39.7 billion) loan installment from the European Commission, the European Central Bank and the International Monetary Fund has been held up. The country’s creditors want Athens to cut a further €11.5 billion ($14.8 billion) in budget costs over the next two years against fierce opposition from labour unions. From : Khalij

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pm grexit not an option Arab Today, arab today pm grexit not an option

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pm grexit not an option Arab Today, arab today pm grexit not an option

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday