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In an interview with the Sunday edition of “Real News” newspaper, the Vice President of the Government, Foreign Minister and president of junior coalition government partner PASOK party Evangelos Venizelos foreshadowed an “integrated radical proposal” for the non-perfoming bank loans (NPLs), especially those of SMEs. He also underlined his willingness to address the problem of mortgage NPLs.

Venizelos voiced his support for the immediate recovery of debts owed to the social security system – crucial to its viability – through a more effective settlement procedure offering the choice of more installments.

The Foreign Minister suggested that the international discussions on the sustainability of the Greek public debt may begin shortly, underlining once more that the debt is, indeed, sustainable, to his view. He also had a few words to direct to the opposition regarding this key issue, noting that anyone who supports unilateral actions uttering “brave” demagoguery, is not aware how “international correlations” work.

Venizelos claimed to be in favour of amendments to the law governing the election of MPs in the Greek Parliament, as he claims the current 50-seat bonus to the majority party consists “a residue of the pre-crisis period”. He instead would like to change the election system into one which would require broad political alliances for a government to be formed.

As regards the significant political issue of electing a new President of the Republic from the Parliament – as provided by the Greek Constitution – Venizelos assured that everything will take place under full transparency.

The post Venizelos Seeks Election Changes appeared first on The National Herald.

Source: The National Herald
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