Den greske sentralbankdirektøren sier landet vil måtte forlate eurosonen hvis ikke politikerne holder fast ved innstrammingsprogrammet.
To tredeler av grekerne ønsker en reforhandling av betingelsene for kriselån.
Det er valg i Hellas 6. mai.
Den internasjonale investeringsbanken har nå innført en passus i kontrakter for greske selskaper som gjør det mulig for dem å tilbakebetale i en annen valuta enn euro.
De økonomiske utsiktene for Hellas er enda dårligere enn antatt.
Greece’s central bank governor said his country would have to leave the eurozone if politicians do not stick to the austerity programme after elections due to take place on 6 May.
“What is at stake is the choice between an orderly, albeit painstaking, effort to reconstruct the economy within the euro area, with the support of our partners, or a disorderly economic and social regression, taking the country several decades back, and eventually driving it out of the euro area and the European Union,” George Provopoulos said in a speech on Tuesday (24 April).
Greece has signed up to a second, €130 billion loan paid mainly by other eurozone countries to reduce the country’s debt and recapitalise its banks, along with a major debt restructuring agreed with private lenders.
But in return, an already austerity-weary Greek society has to stomach further spending cuts for at least another three years.
Meanwhile the economic outlook for 2012 is worse than expected. Instead of a 4.5 percent of GDP recession, the central bank on Tuesday estimated that the economy would shrink by five percent this year, Greece’s fifth year of recession.
Greece’s central bank governor said his country would have to leave the eurozone if politicians do not stick to the austerity programme after elections due to take place on 6 May.
“What is at stake is the choice between an orderly, albeit painstaking, effort to reconstruct the economy within the euro area, with the support of our partners, or a disorderly economic and social regression, taking the country several decades back, and eventually driving it out of the euro area and the European Union,” George Provopoulos said in a speech on Tuesday (24 April).
Greece has signed up to a second, €130 billion loan paid mainly by other eurozone countries to reduce the country’s debt and recapitalise its banks, along with a major debt restructuring agreed with private lenders.
But in return, an already austerity-weary Greek society has to stomach further spending cuts for at least another three years.