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January 19, 2015

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Venizelos lashes out at Papandreou And SYRIZA

Currently on the campaign trail with the aim of attracting much needed votes, Foreign Minister and leader of the PASOK party Evangelos Venizelos at the weekend lashed out at both former Premier and PASOK leader George Papandreou as well as Radical Left main opposition SYRIZA party leader Alexis Tsipras of not being truthful and uncooperative (respectively).

During a press conference in the city of Ioannina at the weekend, Venizelos publicly accused Papandreou of not being "accurate and honest" when speaking about his assertion that the former PM had offered to make him prime minister.
     "There is a public dialogue ethic. For issues that are serious, political, which belong to history, we have to be accurate and honest", Venizelos noted.
In response to Tsipras' public call to the electorate to offer him (to Tsipras) absolute majority in Parliament at the forthcoming elections of January 25th, Venizelos noted that the leader of SYRIZA uses the absolute majority argument "sometimes as a threat, other times as an alibi, or even as an assertion".

He added that:
     "SYRIZA denied to offer political acquiescence and now he's going to have a hard time finding it".
While addressing a political rally later on in the same city, Venizelos warned the electorate, that they "will suffer a great shock on the 26th of January" - a day after the national elections - especially the ones who abandoned PASOK. He emphasized that "In search of paradise lost, one might find themselves in an economic and social hell".

He also called on citizens to vote for PASOK, which he views as a "critical and useful" act.
     "The stakes of the elections are not about who will govern, but how the country will be ruled", he said.
In his opinion, "we are witnesses to a blind clash" between senior government coalition partner New Democracy party and SYRIZA, who polarize people.
     "One of them terrorizes people, while the other is being complacent", as Venizelos put it.
Meanwhile, in an article by Venizelos published in "Kathimerini" newspaper, he said that during February 2012 Greece managed to complete the largest debt "haircut" in history, by getting rid of 180 billion euros of debt in net present value (NPV).

To Venizelos' view, it was even more important that the remaining debt was restructured, as 90% of it was taken outside the markets, in the hands of members of the European Union. He said, that the total arrangements agreed with Greece's creditors practically amounted to a 60% haircut.

Venizelos emphasized that it's absolutely necessary for Greece to complete its exit from the memorandum and the troika supervision and to safeguard a precautionary credit line. Especially because Eurogroup already "has officially agreed and pledged that it will offer further debt relief once Greece attains a primary surplus and completes its adjustment program. It's the point we're at today", he concluded.


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