‘The European Union has insisted that no matter what political flavour of government is elected in Greece well into the future, they must all be bound to the current austerity strategy imposed by the bloc and the International Monetary Fund (IMF).
“For the EU and IMF to support [Greece], they need to be sure that this is for a sustainable effort, that it’s not for tomorrow for a government, but for future governments,” European Commission President said in Brussels on Monday (21 November).
“This is not a sprint; it’s a marathon. It requires a sustained effort from Greece,” he added, standing alongside interim Prime Minister Lucas Papademos. EU and IMF power brokers are demanding that all main political leaders supporting the temporary technocratic administration go beyond a coalition agreement.
They want the political chiefs of the centre-left, centre-right and far right to sign letters committing themselves not just to carrying out the austerity and structural adjustment agreed at an EU summit on 26 October related to the country’s existing bail-out programme, but also any additional measures that are yet to be decided for a second rescue package.’