Tsipras to face new challenges after third bailout

Prime Minister Alexis Tsipras receives some backlash against new bailout agreement in parliament

Photo by: Reuters
Photo by: Reuters

Greece Energy Minister Panos Skourletis on Monday expressed his thoughts about the confidence vote thats approaching after country’s new third bailout that is rebelled by some Syrzia lawmakers.

Greek government has declared that its urgency is to secure fundings from the international creditors in order to make a 3.2 billion euro debt repayment to European Central Bank on Thursday.

Greece Energy Minister Panos Skourletis said "I consider it self-evident after the deep wound in Syriza's parliamentary group for there to be such a move."

He also underscored the possibility of early elections with the possible results. He said "If we go to elections soon, in three or four weeks if this option is chosen, obviously a party congress cannot be fruitful."

Almost a third of Syriza deputies abstained or voted against the bailout agreement on Friday. That’s why Prime Minister Alexis Tsipras would rely on opposition support to get the bailout through parliament.

However, Tsipras said he will call congress after summer to resolve the differences within the party.

Tsipras fired his previous Energy Minister Panagiotis Lafazanis in as much as he joined previous rebellion. Now, Lafazanis is the leader of Syriza members who are against the tough conditions set by euro zone and IMF that Tsipras wants to accept.

Last week, Lafazanis took one step further and left Syriza by calling for a new anti-bailout movement.

The chance that radical left block to give positive votes for third bailout doesn’t look probable.

Opposition to bailout seems growing

Greece’s socialist PASOK party joined conservative block saying it would not support Tsipras in confidence vote.

The party made it clear that initial support to pull through Greece from financial ruin would not continue.        

"The government has signed the third and most onerous bailout. All the negative consequences for the country and its citizens bear the signatures of Mr Tsipras and Mr Kammenos," the party said in a statement.

"We have no confidence in the Tsipras-Kammenos government and of course will not give it if we are asked."

On Friday, support for the government within its own coalition for the new bailout fell 120 votes.

However, on the IMF side, the IMF managing director Christine Legarde told Eurozone ministers that bailout deal is not sufficient to help to survive Greeks from their economic burden.

She said “I remain firmly of the view that Greece’s debt has become unsustainable.”