(BN) *TSIPRAS SAYS GREEK DEBT IS NOT SUSTAINABLE, NEEDS RESTRUCTURING



BN 01/03 17:46 *SYRIZA LEADER TSIPRAS COMMENTS IN EMAILED SPEEECH TRANSCRIPT
BN 01/03 17:46 *TSIPRAS SAYS SYRIZA WANTS WRITEDOWN ON NOMINAL VALUE OF GREEK
BN 01/03 17:46 *TSIPRAS SAYS GREEK DEBT IS NOT SUSTAINABLE, NEEDS RESTRUCTURING
BN 01/03 17:45 *TSIPRAS SAYS TRUE MENACE FOR EUROPE IS MERKEL'S POLICY

Tsipras Says Greek Debt Is Not Sustainable, Needs Restructuring
2015-01-03 18:06:13.496 GMT


By Nikos Chrysoloras and Paul Tugwell
(Bloomberg) -- Syriza’s win in forthcoming Greek snap
elections will pave way for progressive policy change in Europe
against German Chancellor Merkel’s austerity, party leader
Alexis Tsipras says according to e-mailed transcript of speech
in Athens today.
* Podemos in Spain, Sinn Fein in Ireland to follow
* Syriza will guarantee bank deposits, commit to a primary
budget balance
* Syriza will put an end to social tragedy, nightmare of
austerity
* By voting Syriza, Greek people will make Greece example of
progressive developments in Europe
* Syriza rejects logic of unrealistic primary surpluses
* Germany had most of nominal value of debt written off in
1953, same should be done for Greece in 2015
* Syriza not seeking nor planning to break with European
partners, but to put end to economic and social absurdity of
memoranda and austerity
* Syriza seeks within framework of EU and European
institutions to achieve realistic deal on servicing debt,
developing real economy
* Syriza will conduct sincere, resolute negotiation on debt
* Syriza govt program is complete, ready
* Syriza wants quantitative easing by direct purchase of govt
bonds by ECB
* NOTE: Earlier, Greek PM Samaras Says Syriza Afraid of Return
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To contact the reporter on this story:
Nikos Chrysoloras in Athens at +30-210-7419022 or
nchrysoloras@bloomberg.net

To contact the editor responsible for this story:
Paul Tugwell at +30-210-74-19-073 or
ptugwell1@bloomberg.net