×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
16
Oct 2026
weather symbol
Athens 19°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> Politics

Greek PM tries to restore calm and blames SYRIZA for market turmoil

Greek Prime Minister Antonis Samaras cautioned patience at Wednesday's cabinet meeting saying that the country is leaving the crisis but could slide back if there is political instability

Newsroom October 16 07:40

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Greek Prime Minister Antonis Samaras blamed the main opposition Coalition of the Left SYRIZA party for stoking instability during a cabinet meeting on Wednesday. He said that SYRIZA was to blame for the market upheaval that has caused Greek bonds and stocks to plunge.

During the meeting, Mr. Samaras tried to restore calm after the stock market fell 6.25% and the yield on 10-year bonds rose as high as 7.85%. He tried to counter the panic over Greece’s propsects. “We restored Greece’s trustworthiness with a lot of effort,” he said. “Now that this is bearing fruit, we will not allow anyone or anything to undermine it.”

“The markets have been saying that Greece is doing very well for some time now, and their only concern is political instability,” said Mr. Samaras. “In the lst 24 hours, the opposition’s attitude has magnified this risk. They are directly undermining stability. Markets reacted against the country’s interest.”

Mr. Samaras stressed that people should understand that Greece is steadily leaving the crisis and not slide back undermining all that has been achieved.

>Related articles

Papathanasis rejects claims that ‘My Home’ scheme is driving up property prices

EU leaders call for new energy crisis measures as Mitsotakis pushes for changes

Marc Poll: New Democracy at 30.4%, leading by 14.6 points; ELAS stalls at 15.8%, PASOK narrows gap to 3.4 points, Kasidiaris’ party at 4.2%

This isn’t the first time that Mr. Samaras has blamed SYRIZA for investors’ skepticism about Greece. He warned that the fued between the government and SYRIZA could have ramifications.

On his part, Government Vice President Evangelos Venizelos pointed to two issues that need to be stressed: “The first is that what we’re living through futuristic scenes, scenes from a future the country must avoid. Destabilisation and uncertainty are the biggest hurdles we face in the road towards the exit from the crisis.” He said that the second issue is the government’s problems in facing a “Stalinist method of slander.”

“This has never happened before, not in the ‘60s, not in the ‘50s. Someone may be accused of something after an event, based on some assumptions, but before anything happens – this has never happened, not even during the hardest times of Greek political life,” said Mr. Venizelos.

Ask me anything

Explore related questions

> More Politics

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

Greece inflation Hits 5.1% in September as Eurozone Rate Rises to 3.8%

October 16, 2026

Thessaloniki’s International Film Festival 2026: The Films, Events & Experiences

October 16, 2026

EU backs Ukraine: sanctions on Russia will remain until it ends the war

October 16, 2026

Flight chaos in Europe as Italian air traffic control system suffers technical failure; Delays expected at Greek airports

October 16, 2026

Union of Greek Shipowners donates €700,000 to new chronic care facility in Kilkis

October 16, 2026

Turkey raises tensions with NAVTEX ahead of Eunomia exercise in area earmarked for cable-laying vessel

October 16, 2026

EU summit ends in deadlock: Ire over ‘two-faced’ Costa, Merz furious with Meloni and North-South budget clash

October 16, 2026

EMST wins European Museum Award 2026 and celebrates with three days of free admission

October 16, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα