Athens, November 23, 2011
As stated in the meeting of the three Party Leaders under the auspices of the
President of the Hellenic Republic C. Papoulias: “it has been agreed upon that
the task of the new Government will be to materialize the decisions taken at
the European Council of October 26th 2011 and to implement the economic
policies linked to those decisions”.
The new Prime Minister has already pledged to fulfill this task.
Nea Demokratia is committed to support the new Prime Minister.
Nea Demokratia is strongly committed to the success of fiscal consolidation
and structural reforms, rebuilding market confidence and fostering economic
growth.
Nea Demokratia fully supports the targets of fiscal adjustment, regarding all
issues on eliminating the deficit and reversing the debt dynamics; it also
supports “tools” already implemented (albeit poorly); namely, public
expenditure cutting, fighting tax evasion, structural reforms, privatization
programs and capitalizing on idle real estate public property.
On the evidence of the budget execution so far, we believe that certain
policies have to be modified, so as to guarantee the Program’s success. This
is more so, since according to the latest European Economic forecasts,
Greece in 2012 will be the only European country with 5 consecutive years in
recession!
We intend to bring these issues to discussion, along with viable policy
alternatives, strictly within the framework outlined by the Program. We give
great emphasis to allowing for prompt recovery, so that public revenues
generated will help us achieve the targets set.
The President