Dragasakis: Greece’s borrowing needs covered until 2022

“We had warned of possible desperate moves coming from political and economic groups that had failed in what they had attempted to do and were proved wrong in what they said,” said Deputy Premier and Economy and Development Minister Yiannis Dragasakis, according to sources, at a party gathering on Wednesday.

He assured party supporters, however, that “it will be today’s government that will take the country out of bailouts and will put into effect developments for the next four years.”

Dragasakis added that total resources held by the government are enough to cover borrowing needs until 2022 and that Greece will have the ability to pay back money owed to the International Monetary Fund by issuing new bonds.