The leader of Greece’s New Democracy party says Spain’s bailout offers more room for Athens to renegotiate the terms of its EU-IMF rescue deal.
Antonis Samaras’ Conservatives are neck and neck with the anti-bailout Syriza party ahead of Sunday’s second election. His ultra-left wing opponents want to scrap the 130 billion euro bailout agreement.
“If we don’t try to renegotiate the EU austerity plan, while Spain seeks European support, we will become the black sheep of the continent,” Samaras warned.
The Conservatives won last month’s original election but failed to secure a large enough majority to form a government. Coalition talks also failed.
Syriza leader Alexis Tsipras is still ruling out forming a government with pro-bailout parties despite Greece’s delicate status within the eurozone bloc.
With speculation that Athens will be forced out of the single currency, there are reports of daily withdrawals of about 800 million euros in cash in the lead up to Sunday’s vote.
Retailers say people appear to be hording staple food items amid worries the Greek government only has enough money left to last until mid July.
Samaras restated that if Greece were to leave the euro, its trade would suffer and unemployment would increase further. He described Syriza’s popularist plan to scrap the EU-IMF bailout as “unrealistic”.