Greek party now rejects bailout deal
Source: Agencies |
February 11, 2012, Saturday
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Print Edition
Print Edition
THE leader of a small partner in Greece's coalition government yesterday said his party would vote against the latest round of austerity measures required for a massive new bailout deal - despite having backed the measures a day earlier.
George Karatzaferis, leader of the rightist LAOS party, said he would now vote against the government proposal expected to come to parliament late tomorrow.
LAOS has 16 deputies in parliament in a coalition backed by 252 lawmakers. If the two other major parties, the Socialists and the conservatives, approve the austerity package, it would still pass.
Karatzaferis insisted it was not his intention to withdraw from the government, and urged other countries in the European Union to challenge what he described as Germany's domination of the union.
European ministers declared on Thursday that Athens hadn't gone far enough with austerity package agreed after a marathon round of talks and demanded further cuts within a week in exchange for a 130-billion-euro (US$170 billion) bailout to stave off bankruptcy.
George Karatzaferis, leader of the rightist LAOS party, said he would now vote against the government proposal expected to come to parliament late tomorrow.
LAOS has 16 deputies in parliament in a coalition backed by 252 lawmakers. If the two other major parties, the Socialists and the conservatives, approve the austerity package, it would still pass.
Karatzaferis insisted it was not his intention to withdraw from the government, and urged other countries in the European Union to challenge what he described as Germany's domination of the union.
European ministers declared on Thursday that Athens hadn't gone far enough with austerity package agreed after a marathon round of talks and demanded further cuts within a week in exchange for a 130-billion-euro (US$170 billion) bailout to stave off bankruptcy.
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