×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
09
Dec 2025
weather symbol
Athens 13°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greek Deputy PM G. Dragasakis on economy, technocrats and Grexit

The Deputy PM G. Dragasakis said that the government is being cornered but will stick to its beliefs

Newsroom March 19 10:50

Negotiations with Greece’s international creditors are drawing to a standstill, with the Greek government rushing to give assurances that there is no immediate danger to Greek finances. Nonetheless, Greek Deputy Prime Minister Giannis Dragasakis told private Alpha TV that if a solution isn’t found to Greece’s problems soon then there will be problems to liquidity.

“Since last August we have not received an installment and are paying, both we and the previous government, all our obligations to our partners,” said Dragasakis. “We have an economy that is borrowing money to pay off loans and this is creating asphyxiation. There is a problem of liquidity, as we have obligations that need good cooperation with partners in order to be covered. There will be problems if it is not ensured that all institutions don’t play their role.”

On Thursday’s meeting of Prime Minister Alexis Tsipras with his EU partners, Dragasakis expressed the hope that a positive outcome could be reached. He also asked why Brussels’ technocrats are better at solving Greece’s financial situation than economists of the level of Finance Minister Yanis Varoufakis and Greek chief economic spokesman Euclid Tsakalotos.

He said that there is currently a dilemma between “old and new”. Regarding the agreement made at Eurogroup on February 20, he said that Greece had managed to get a reduction to the primary surplus. He pointed out that there are many who are wrontly interpreting the agreement and have started a communication battle. He said that a strategy of credit asphyxiation has begun in the hope that Greece would back down as had been done by previous governments.

Dragasakis also refered to the letter by EU representative Declan Costello, Directorate General for Economic and Financial Affairs of the European Commission. “A technical official wanted to become the prime minister of Greece. I’m glad that the Commission didn’t cover for him. There are two levels of understanding. The political and the level where technical groups discuss things. They will come to examine data, not for political negotiations,” said Dragasakis. “I respect the technocrats of Brussels but I don’t agree that they are better than Varoufakis and Tsakalotos.”

drag

>Related articles

Hatzidakis: Greece is currently one of the strongest economic upheavals in Europe

The three women from Chios who are shaking up the shipping industry

RockFire project in Laconia on the radar of Metlen and Hellenic Gold

He said that discussions are underway with the Euroworking Group for the legislation of the debt settlement in 100 instalments and said that on the one hand, Greece is not being given money, but on the other hand it is not being given the freedom to legislate in order to gather money. Nonetheless, a Grexit is not the government’s choice or his own personal choice. “We are ready, based on the agreement, to discuss specific costed reforms,” he said. “We can become more specific regarding which changes and policies can be implemented over the coming period.”

He said that the Greek-German conflict is one of ideas. “We have forces that insist on the application of austerity in many countries. What makes things difficult is that they understand that a positive development in Greece would give other nations courage,” he said.

Asked to comment about Varoufakis, Dragasakis said that everybody has their own style and expression. “For Yanis, the move from an academic craeer to politics has some difficulties. There are positives and negatives concerning this. He has a very difficult role and has helped Greece a lot, a country cornered. They are striking against him to disorientate the government. They would act the same way even if he wore a bow,” says Dragasakis.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Jennifer Lopez: Ex-husband launches new attack, accuses her of infidelity with Diddy

December 9, 2025

Copernicus: 2025 is on track to become the second-warmest year ever recorded

December 9, 2025

Zelensky says he is ready for elections

December 9, 2025

See which European country spent the most on OnlyFans in 2025 – and where Greece ranks

December 9, 2025

Tractors on the roads: truths and lies about the farmers’ roadblocks

December 9, 2025

Oncology patients’ appointments at PAGNI cancelled due to farmers’ occupation of the airport: The necessary radiopharmaceutical never reached Heraklion

December 9, 2025

Turkstream’s managing company will move its headquarters to Budapest to circumvent sanctions

December 9, 2025

Outstanding Dublin III cases for the potential return of thousands of migrants from Europe to Greece are being wiped clean – What the agreement provides

December 9, 2025
All News

> Lifestyle

Jennifer Lopez: Ex-husband launches new attack, accuses her of infidelity with Diddy

Ojani Noa reignites the legal battle over the 'sex tape,' claiming he was defamed with false allegations

December 9, 2025

Leonardo DiCaprio takes a stand against Artificial Intelligence: “It is not a form of art”

December 9, 2025

Converse brings new energy to the city streets

December 9, 2025

Anna Vissi: Triumph, millions, her great love and a finale

December 9, 2025

Stranger Things: Creators share TV settings for the best viewing experience

December 8, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα