Feb 19 • 07:42 UTC 🇬🇷 Greece Naftemporiki

PASOK: The government is filling the economy with 'debts'

PASOK criticizes the government for its public debt to private individuals exceeding €3 billion.

PASOK has launched a strong critique against the Greek government, particularly focusing on the alarming data showing that public debts owed to private individuals, businesses, and tax refund beneficiaries have surpassed €3 billion. While the ruling New Democracy party celebrates surplus figures in the state budget, PASOK highlights a growing contradiction — that despite these surplus claims, the public sector is accumulating massive debts, putting an entire financial ecosystem under pressure.

The party asserts that each euro not paid promptly by the government creates a domino effect throughout the economy. This leads to a decrease in liquidity that particularly harms small and medium-sized enterprises which depend on timely public payments to sustain their operations. Further, there are implications for employee salaries that are delayed and significant investment plans that are now on hold due to this financial situation.

PASOK has called upon the government to provide clear explanations about the growing debts amid claims of budget overperformance, questioning how the budget can show surpluses while simultaneously the public sector's debts are skyrocketing. The opposition party emphasizes the urgent need for a state that honors its commitments and meets its financial obligations to stabilize the economic environment.

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