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Government rules out early election, return to drachma

Δημοσίευση 22 Δεκεμβρίου 2010, 11:52 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
Government rules out early election, return to drachma
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Greek government spokesman George Petalotis ruled out the prospect of early elections or a return to the drachma currency while speaking to the radio station 'Real FM' on Tuesday.

Greek government spokesman George Petalotis ruled out the prospect of early elections or a return to the drachma currency while speaking to the radio station 'Real FM' on Tuesday.

"We are not discussing a return to the drachma, these are scenarios that neither touch nor concern us, not even in the theoretical planning we carry out, because there is no reason for it," he underlined.

Petalotis also emphasised that there was no question of Greece exiting the eurozone or the EU and pointed out that the recent EU summit had taken important decisions to preserve the stability of the euro.

"When we talk of stability, an important part is monetary stability and from there on there is European cohesion and other factors. The EU Summit but also the EU in general, even though there are many viewpoints and trends, I believe can protect this monetary stability today. Therefore, this is the framework we are moving in," he added.

The spokesman revealed that Tuesday's cabinet meeting will discuss the lifting of current restrictions on gambling, pointing out that Greece was paying fines to the European Union on account of them while gambling was essentially taking place freely on the Internet.

Petalotis said that the government's intention was to issue a form of licence for venues where regulated gambling might take place.

"It will be fully regulated so that we don't have every neighbourhood overrun by fruit machines," he stressed.

Concerning speculation about a return to the drachma, the spokesman stressed that the government's goal was unquestionably to remain in the eurozone.