Finance Minister Gikas Hardouvelis rang the proverbial alarm for Greece’s future, who, in statements made to the Financial Times, stated that Athens is in danger of running out of liquidity to pay off its debts, if SYRIZA wins in the elections, and warned of an impending “dirty Grexit” if we are found not being in a program on the 1st of March.
According to the newspaper’s website, Mr. Hardouvelis’ comments reflect a wider clash between the government and SYRIZA’s plans for the Greek economy, due to the upcoming, 25th of January, general elections.
Thus, Mr. Hardouvelis stated that we are now on a tightrope, explaining that foreign banks did not participate in December’s bond issuances because they believe that the danger is way too high.
The Finance Minister called for SYRIZA to cooperate with foreign partners and to agree on a six-month extension of the program in order to buy off time and agree on a clean exit from said program.
