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ATHENS – Contradicting itself again, Greece’s coalition government said its’ insistence on reversing austerity is genuine even while Finance Minister Yanis Varoufakis said some concessions are being offered international lenders.

Prime Minister and Radical Left SYRIZA leader Alexis Tsipras was elected Jan. 25 on the back of promises to restore pay, cut taxes, raise pension benefits and rehire fired workers but that’s still a vow for now as he tries to get the troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) to release more money without imposing more reforms.

That stance has been reversed by himself previously and as some of his Cabinet ministers are dissenting over the country’s uncertain and vague positions.

“If our partners and the institutions insist on further austerity in a country which has already suffered massive losses from the greatest austerity in economic history, then the government will answer with a resounding ‘no’,” ministry sources told Kathimerini as Eurozone Finance Ministers met in Latvia to review Greece’s standing.

“The Greek government is not bluffing, but strongly defending the interests of the country and the tradition of democracy in Greece,” the sources said. “If they threaten us with extra-institutional moves that will put at risk Greece’s position in the Eurozone, then they act against Europe’s own interests,” the sources said.

The post Greece Says It’s Not Bluffing appeared first on The National Herald.

Source: The National Herald
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