New Democracy Criticizes Greek Govt for Agreeing to Memorandum Extension

new-democracy-Greek-political-party-SamarasGreek main opposition New Democracy on Thursday accused the government of inaccuracies and blatant lies, underlining that the agreement reached with loan partners is, in essence, an extension of the Memorandum but under worse conditions for the country.

New Democracy sources pointed out that contrary to SYRIZA’s claims, there is no separation between the loan contract and the Memorandum. What the government requested through Finance Minister Yanis Varoufakis’ email on February 18 and the Eurogroup approved, was the extension of the existing Memorandum for four more months but on conditions.

“The Greek government has not only failed to ‘tear up’ the Memorandum, but cosigned it instead,” New Democracy said, citing relevant announcements by Greece’s creditors (European Commission, European Central Bank and International Monetary Fund), which underline that the country’s fiscal program review will be based on the existing Memorandum.

Regarding government statements that it has put an end to the outrageous primary surpluses, New Democracy referred to the Eurogroup agreement and accused SYRIZA of “pledging to secure the primary fiscal surpluses needed to guarantee debt sustainability.”

(source: ana-mpa)


  1. Of course, it’s all lies. Reality is only 1% in Greece. Perception is 99%. The only change is redefining some words… let’s call them “institutions” instead. What is the difference between the troika and institution you ask? Well, institution is more vague so it make it easier to lie and fool idiots.


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