Greek PM Lashes out at Foreign Critics

Greek Prime Minister Antonis Samaras said on Tuesday he would push ahead with implementing deep spending cuts and lashed out at unamed foreign officials for sabotaging his country’s efforts to solve its problems.

Samaras addressed members of his party as inspectors from the troika, the trio of international lenders keeping Greece afloat, returned to Athens to relaunch its stalled economic plan.

The officials from the International Monetary Fund, European Commission and European Central Bank must decide whether to keep the nation hooked up to a 130-billion-euro lifeline or let it go bust.

In his speech, Samaras said some foreign officials were making irresponsible comments, predicting Greece won’t make it.

“I say it openly and publicly, they undermine our national effort. We do all we can to bring the country back on its feet and they do all they can so we can fail,” he said.

via Reuters

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza