LAOS leader refuses to give signature

Page last updated at 04:48 GMT, Friday, January 27, 2012 - 09:48 EST

eKathimerini:

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Giorgos Karatzaferis, the leader of the third party in the government’s shaky coalition, the rightwing Popular Orthodox Rally (LAOS), told Parliament on Friday that he would not offer the written guarantees that Greece’s foreign creditors are demanding as a prerequisite for the approval of a second bailout.

Karatzaferis said that the signature of Prime Minister Lucas Papademos should suffice, adding that demands for additional signatures from the party leaders “would be met by resistance, purely as a matter of principle.” The rightwing leader insisted that he was not shirking his responsibilities and that he was committed to implementing reforms but that the demand for signatures “trivialized” the process. His comments were reminiscent of the objections expressed by conservative New Democracy leader Antonis Samaras in December when creditors once again demanded written commitments to Greece’s economic reform program.

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