Flambouraris: Loan Extension To Be Shown To Political Leaders Only

While speaking to the "Sto Kokkino" radio station on Tuesday, State Minister Alekos Flambouraris announced that the extension of the loan agreement is going to be presented to the Greek parliament for discussion, but on the level of political leaders, where there is no need for a vote.

Referring to the austerity policies in Europe he noted:

      "There is no other way, Europe cannot continue to live in this way with citizens with no electricity and heating and searching in the bins for food. This will be reversed, we happened to be the first, others will follow. And we will have time and we will stay for many years because we have the people by our side."

Turning to privatisations, he underlined that the water supply and the energy (PPC, EYDAP and EYATH) are not going to be touched by anyone. Flambouraris pledged on the review of the privatisations and of the companies whose contracts have not been completed, for example for the 14 regional airports of the country. He also referred to the development of the State assets that reach 300,000 million euros and ruled out their sell off.

When asked to comment about the banking system, he reiterated that the government will proceed with the change of their management.

     "The banks are a lever of development so they must have a management that will be under the state and the social control in order to be obliged to finance small and medium sized enterprises."