My duty to respect the Greek people's clear mandate for an end to austerity and for the return to a growth agenda does not, in any case, mean that Greece will not repay its debts to the European Central Bank and to the International Monetary Fund, said Prime Minister Alexis Tsipras to Bloomberg in an e-mail statement on Saturday. "What we need is time to breathe and create our own medium-term recovery program, which amongst other things will incorporate the targets of primary balanced budgets and radical reforms to address the issues of tax evasion, corruption and clientelistic policies,"
It is necessary for Greece to reach a rapid agreement with its partners, covering both the servicing of its current and long-term debt, the State Budget Office of the Greek Parliament said in its quarterly report on the Greek economy.
The European Commission seeks a 'solution and not a rift' with the new Greek government, said European Commissioner for Economic and Financial Affairs Pierre Moscovici to Agora newspaper on Saturday
Productive Reconstruction, Environment & Energy Minister Panagiotis Lafazanis on Friday met with Public Power Corporation S.A. (PPC S.A.) President & CEO Arthouros Zervos ahead of the presentation of the government's policy agenda.
Reacting to statements made by Finance Minister Yanis Varoufakis and Eurogroup President Jeroen Dijsselbloem after their meeting in Athens on Friday, the opposition Potami party said these showed that the situation was "critical" and appealed to Prime Minister Alexis Tsipras "to seek an understanding with the parties that believe in the country's European orientation so as to immediately work out a patriotic plan of action."
A partial ban on ferry departures from the ports of Piraeus, Rafina and Lavrio was imposed on Friday due to gale-force winds in the Aegean reaching up to 9 Beaufort.