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GreekReporter.comGreek NewsEconomyAhead of Key Votes, Samaras Warns of Euro Exit

Ahead of Key Votes, Samaras Warns of Euro Exit

Greek Prime Minister Antonis Samaras warned again Sunday that the debt-crippled country could be forced out of the euro if parliament fails to approve a new round of austerity measures needed for a lifeline from creditors.
“We must save the country from catastrophe… if we fail to stay in the euro nothing will make sense,” he told lawmakers from his conservative party.
Parliament is due to vote Wednesday on a bill outlining 18 billion euros ($23 billion) of cuts and other reforms, followed by a vote on Sunday on the 2013 budget as Greece battles to secure a new tranche of aid from its troika of international creditors.
Samaras said the votes were vital to “put an end once and for all” to the risk that Greece, faced with a crushing debt mountain, could return to the drachma.
He called on coalition partners, the socialist Pasok and the moderate left-wing Dimar (Democratic Left) parties, which have raised concerns about the scope of the measures, to act in the “supreme interests of the nation”.
(source: eubusiness)

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