Greek President Papoulias tell country’s lenders: “Greeks have had enough”

Greek President Papoulias tell country’s lenders: “Greeks have had enough”


By Lefteris Yallouros – Athens

“We have given all that we could and can’t give anything more (…) This must be acknowledged by Europe. The Greek people cannot give something more. It gave what it had to give. This is our message. And they (Europeans) shouldn’t think we will give in to blackmail. The Greek people have never succumbed to blackmail” President of the Hellenic Republic Karolos Papoulias said on the anniversary of October 28th.

Commenting after the annual military parade in Thessaloniki, he reminded “the blood shed by the Greek people in the battle against fascism in 1940” and noted that “Europe should not forget it.”

He said that Greece’s resistance “was the first anti-fascist victory in Europe, that awakened the then Europe which was asleep in the 1938 Munich compromise.”

With the troika’s technical teams due to resume inspections in Athens on Tuesday, and mission chiefs due back within a week, Papoulias warned Greece’s international lenders that the country and its people have had enough of austerity.

Greek Prime Minister Antonis Samaras has insisted that the government will impose no more “horizontal cuts,” further reducing salaries and pensions.

Talks between the government and the troika will focus on a funding gap for next year as well as layoffs in the civil service to be pushed through by January and the future of Greece’s state-owned arms companies EAS, ELVO and Larco.

The message sent by Karolos Papoulias is indicative of the tougher stance the Greek government is expected to hold against troika pressure to impose more budget cuts. The Greek government will use progress made on the fiscal side of the economy lately and hope the country’s lenders will recognize the sacrifices of the Greek people and show some leniency.