PM Samaras ‘Fully Comfortable’ Seeking Early Exit for Greece
Friday, 10 October 2014
Greece can cover its financing needs from the bond markets in the coming years, without bailout funds next year, Prime Minister Antonis Samaras said in an interview with Bloomberg newsagency in Milan on Wednesday after a European Union summit.
Samaras said he aimed to sever the international lifeline that has kept Greece afloat since 2010 by forgoing disbursements of emergency loans scheduled over the next two years.
“We feel fully comfortable” that Greece can cover its financing needs from the bond markets in the coming years, the prime minister inderlined.
An improvement in public finances and low interest rates have emboldened Samaras, who said the Greek parliament will discuss the end of aid from the euro area and International Monetary Fund, which have granted the country 240 billion euros in bailout loans, in a confidence-vote debate scheduled to run through on Friday, according to Bloomberg.