Samaras reiterates call for jump - start of Grekk economy

Greek main opposition New Democracy (ND) leader Antonis Samaras reiterated his position on the need to re-start the Greek economy, as he went into a summit of the European People's Party (EPP) grouping of the European Parliament in Meise, near Brussels, on Saturday evening. Samaras said that latest figures indicate that Greece is in a deep recession, and consequently the necessary actions should be taken to jump-start the Greek economy, in tandem with the fiscal adjustment.amna

He added that re-starting the economy is a necessary condition for maintaining social cohesion.

Earlier, Samaras warned of major hazards for Greece but also for the European and global economy in the event of a revision of the July 21 eurozone summit decision on the Greek debt.amna

He also said that the manageability of the Greek debt, apart from whatever 'haircut', requires high growth rates and large and consistent primary surpluses, and that is why a jump-start of the Greek economy is required so that the country can enter an orbit of a viable solution of its problems, in the framework of the eurozone.amna

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