On September 17 the Prime Minister of Greece Antonis Samaras will visit the capital of the European Union, Brussels, where he will hold meetings with the President of the European Council Herman Van Rompuy, the President of the European Commission José Manuel Barroso and the President of the European Parliament Martin Schulz.
According to information, during his contacts the Greek Prime Minister will inform the chief EU officials about the course of the Greek economy and the impact on the Greek society. At the same time, he will try to convince them that new restrictive measures cannot be imposed as Greek citizens have reached their limits.
The Prime Minister has promised the Greek people twice these last days that “Memoranda are over, what we need now is not new austerity measures but measures of development.” Samaras will rely on the position of the Greek government that the sum required to cover the financing gap is “small” in order for the Greek debt to be considered sustainable. In addition, he will stress the determination of the Greek government to implement what has been agreed with the lenders to the full, particularly as far as structural changes and privatizations are concerned.
However, with the ace of the primary surplus up their sleeve the governmental partners are optimistic that they will manage to prevent the lenders’ pressure for new austerity measures. In the coming months, on an economic and political level, much will depend on the course of negotiations with the Troika and the possibility of a new memorandum and a “haircut” of the public debt.
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