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11 July 2015

Golden Dawn holds the pass


Pro-White Golden Dawn says will not back proposals sent to Greece's creditors

Greece's third largest political force, the pro-White Golden Dawn party, said early on Saturday it will not back government proposals submitted to the country's creditors in a race to reach a cash-for-reforms deal and avert bankruptcy.

"We say 'no'. We won't give you the authorisation for this deal," leader Nikolaos Mihaloliakos told lawmakers during a parliamentary session.

The country's leftist government is seeking lawmakers' approval to negotiate a series of tax hikes and spending cuts which it will hope will unlock 53.5 billion euros in aid over the next three years from international creditors.