Main opposition New Democracy (ND) party leader Antonis Samaras, addressing a Political Committee's session on Wednesday, said that "the word default is forbidden in our vocabulary," adding that "its mere utterance may have disastrous results and function like a self-fulfilled prophecy. And this is valid in all its versions, and in English."
Samaras said that Prime Minister George Papandreou said that it (the word default) is mentioned by those wanting to gain from the destruction of the country. "Now that his vice president is using it, what does Mr. Papandreou have to say?" the ND leader wondered and explained that "it will stop fluidity to the country's banks."
He went on to say that "selective default has never taken place in an EU country" and that "prudence necessitates that we see the next step and not to adopt the lesser evil, that may lead to the bigger evil. In addition, we must reject whatever jeopardises the supply with fluidity of the Greek economy."
Samaras proposed the eurobond as the alternative solution, or the repurchasing of bonds, while he said that the participation of private individuals in lending Greece will be disastrous.
"The issuing of eurobonds is the only healthy solution on the part of the EU, but Europe must overcome certain obsessions," Samaras said and predicted that Europe will be led there, but "the question is for Greece to emerge benefitted."
FinMin on ND leader's address
Finance Minister Evangelos Venizelos criticised main opposition New Democracy (ND) party leader Antonis Samaras on the occasion of the latter's address on Wednesday, stressing that "puns and self-evident references (on selective default) harm, since they create confusion and uncertainty for no reason."
Venizelos attributes in his statement to Samaras that he does exactly the opposite of supporting the government in its effort for a responsible and calm way of managing these issues for the country's benefit to prevail.
The Finance minister mentioned that he has already notified the ND president on how the framework is being shaped, in which the goverment is moving.