FinMin Τsakalotos: The IMF must understand that Greece is a European country

Finance Minister Euclid Tsakalotos in an interview with RealNews newspaper on Sunday sent a message to the IMF to understand that Greece is a European country.

He also underlined that the basis for the discussion cannot be other than those agreed last summer.

“The IMF must understand that Greece is a European country which has references to the EU acquis and that any obstruction in the negotiations complicates the government’s strategy to escape the vicious circle of measures-recession-new measures,” Tsakalotos stressed.

The Finance Minister estimated that the program review will soon be completed and added that the creditors should not ask for further fiscal measures and pension cuts when the economic performance and the revenues are higher than expected. “We have red lines on the issue of pensions and fiscal adjustment,” he explained and noted that part of the discussions for the completion of the evaluation concerns the management of the expenses earmarked for dealing with the refugee problem.

He stated that there is no reason for a new recapitilisation of the banks, but as regards the debt, he proposed a political solution that will not transfer the technical solution in the future. “This is the only way to boost demand and support investors,” he stressed.

Tsalakotos also said that the government’s new development law will be presented in spring.