Crisis: Greece, Samaras, we only have funds till november

Premier, 'if my government fails, chaos will ensue'

05 October, 12:18

(ANSAmed) - BERLIN, OCTOBER 5 - Greece has funds "until November, then our coffers will be empty", said Greek Prime Minister Antonis Samaras in an interview with Handelsblatt. "We need more time for consolidation but not necessarily more credit", said the premier.

In the interview, Samaras compared Greece to the Republic of Weimar: "Greek democracy is probably facing its most important challenge", he said, explaining that society "is threatened by growing unemployment, as happened to Germany at the end of the Republic of Weimar".

If the government fails "chaos awaits", he warned. "People know that this government represents Greece's last chance", said Samaras, noting that he is fighting "the battle of my life". The government's action has reached "the limit of what we can demand from the population".

"Getting out of the euro is not an option for Greece, it would be a catastrophe", stressed Samaras, who believe Athens should be helped "by the ECB, which could lower interest rates on its Greek bonds" or postpone the maturing dates of bonds.

Samaras also hinted that Greek banks could directly access the ESM fund.(ANSAmed).


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