Business | Daily | Tourist

ATHENS – A large majority of Greeks, who voted into power the formerly anti-austerity Radical Left SYRIZA, want the government to make a deal with lenders that keeps the country in the Eurozone.

The coalition is locked in tough talks with the Eurozone amid fears that unless Athens keeps relenting and accepts more reforms that the country could be forced out of the financial bloc, a prospect that has Greeks frantic.

Finance Minister Yanis Varoufakis was in Brussels on March 9 to talk with his counterparts and present a second vague outline of reforms without specific fiscal targets, which the troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) want before releasing a pending 7.2 billion euro installment.

Some 69.6 percent of Greeks say the government should look for an “honorable compromise” to resolve the crisis, according to a Marc survey for Greek newspaper Efimerida Ton Syntakton, showing they are willing to forgive Prime Minister Alexis Tsipras for reneging on campaign promises to get debt relief and not talk to the troika.

Only 27.4 percent of those questioned wanted Greece to refuse any compromise, even if that meant having to leave the 19-nation Eurozone and return to the old drachma currency, showing constant Greek contradiction on wanting an end to austerity but accepting conditions which required it.

Shut out of debt markets and with cash running out fast, the government is tapping pension funds and other state monies to pay the lenders for now but needs a solution.

Asked whether Greece could possibly default on 240 billion euros ($272.5 billion) owed the troika, 50.4 percent said yes while 45.5 percent said no.

The government submitted a bill last week to offer free food and electricity to thousands of poverty-stricken Greeks as its first legislative act in parliament, in a symbolic move to address what it calls a humanitarian crisis.

About 88 percent of respondents supported these initial policy steps, according to the survey.

Source: The National Herald
Share it now!
Who We Are

GQS acts as an ā€œinformation representativeā€ providing a variety of accurate and authoritative analytics and responses About Greece. Our field of expertise ranges from simple Daily Life questions related to Tourism or the History of Greece, up to large Business related projects such as Economic Research, Human Resources Selection or Real Estate Services.

Find out more

Contact Us

Are you interested in obtaining any kind of information about Greece?

Let us help you!

If your requirements go beyond simple services and you want specialized information, you will receive a detailed email for any charges.

  • Weather

    July 22, 2018, 3:59 pm
    real feel: 38°C
    current pressure: 1010 mb
    humidity: 24%
    wind speed: 4 m/s SW
    wind gusts: 4 m/s
    UV-Index: 5
    sunrise: 6:20 am
    sunset: 8:43 pm
  • Currency