The head of a party in Greece’s new coalition government says the country’s recession made it “almost impossible” for it to achieve the 11.5 billion euros in cuts over the next two years demanded by its rescue creditors.
Socialist party leader and former Finance Minister Evangelos Venizelos made the comment in a radio interview on Tuesday, a day before he is to meet conservative Prime Minister Antonis Samaras to discuss the cuts.
“It is very difficult, almost impossible for anyone to put cuts together worth (euro) 11.5 billion in 2013 and 2014,” Venizelos told private Vima radio.
“That difficulty has always been there, but the (situation) has deteriorated because the predictions for the recession in 2012.”
(source: Vima, AP)
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