Sunday Nov 06, 201102:29 PM GMT
'Only PM resignation will save Greece'
Sun Nov 6, 2011 2:22PM
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Leader of Greece's main opposition party, New Democracy, Antonis Samaras (C) talks to reporters after his meeting with the Greek president in Athens on November 6, 2011.
The leader of the main opposition party in Greece says unless Prime Minister George Papandreou resigns no breakthrough can be made in the country's political situation.


"As long as Papandreou has not decided what he wants to do, it is blocking any solution ... I have decided to help. If he resigns, everything will follow its course," AFP quoted Antonis Samaras, who leads the center-right opposition party, New Democracy, on Monday.

Samaras said that the opposition would not join a coalition government led by Papandreou despite the Greek president's call for collaboration between the two main parties.

“We need to send a message of stability and confidence to the outside world and stability and normality domestically,” he added.

Samara has also called for snap elections, whereas Papandreou has dismissed the idea as a "catastrophe".

The comments came as Papandreou, who narrowly won a vote of confidence in the Greek parliament on Saturday, is preparing to start talks on forming a unity government in hopes of tackling the country's economic crisis.

Experts believe Samaras' opposition to the EU and International Monetary Fund (IMF) bailouts was a possible bid for power.

Since last year, the EU and the IMF have provided Greece with two rescue packages worth over USD380 billion (EUR283 billion) in return for tough austerity measures adopted by Athens.

Eurozone leaders are worried that failure to solve the Greek debt crisis will raise the risk of serious financial instability spreading to other vulnerable economies, particularly Italy.

PG/PKH/HGH
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