ATHENS – Running out of cash fast, Greece’s new Radical Left SYRIZA-led coalition has again rejected any prospect of new snap elections, three months after taking office.
State Minister Alekos Flambouraris dismissed talk of elections as the government is desperately trying to unblock an international loan without doing any of the reforms that are conditions of of its release.
Speaking to Antenna TV on April 15, Flambouraris said that Greece’s goverment, which includes the formerly anti-austerity Independent Greeks, is trying to reach an “honest compromise” with its lenders, the troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB).
Asked about comments by European officials that a Eurogroup decision to release funds may come on May 11, instead of the April 24 meeting, Flambouraris said that the date was secondary to reaching a deal.
“The point is to reach an agreement, not whether the deal will be pushed back by a week,” he said. Both sides have repeatedly pushed back deadlines to set new ones.