Naftemporiki — According to a report in the Greek financial daily Naftemporiki, the Tsipras government is considering legislation that will cancel out all prior actions included in a preliminary agreement to conclude the second review of the Greek program, if creditors do not provide assurances for debt relief for Greece past 2018.
The prior actions were detailed in a draft document that was disclosed on Monday, which is called a “supplementary memorandum”. The entire package will be tabled in Greece’s Parliament on May 16, with a vote coming no later than May 18.
In an immediate clarification, the same official said the reference does not include the possibility of snap elections or another referendum, but rather in tabling a precautionary bill that would repeal whatever measures are passed this month.
The same source declined to respond to questions over whether creditors have been informed of this position.
