Greece can take advantage of the program by the EU and the IMF

The Greek authorities do not want to use the mechanism of financial assistance from the European Union (EU) and the International Monetary Fund (IMF), but perhaps the government will have to take that step. This was reported today in an interview with RIA Novosti Cabinet spokesman Giorgos Petalotis. April 11 states that enter into the euro zone, and the IMF agreed to provide necessary assistance to Greece, amount to 45 billion euros. It is assumed that it will be low-interest loans. But, obviously, that this news has not had such a positive influence, had counted on the Greeks. Yields on sovereign bonds are high, and this means that Greece will take on the public markets only at high interest rates. This will increase the burden on the old, in which, and so a huge foreign debt - 300 billion euros. "We want ourselves to solve our problems. We do not want to resort to this mechanism. We want to have, like other countries in the eurozone was the ability to freely engage in the markets at reasonable interest rates", - said the government spokesman. "Nevertheless, we can not succumb to the absurd behavior of markets that are not subject to any economic logic, lay in those markets the efforts and sacrifices of the Greek people. So in this framework, we use all the possibilities," - said Petalotis. "The mechanism (credit) put some barriers to markets, which so far are almost uncontrollably, often endangering the citizens and the entire society," - he stressed. While Greece is trying to understand what the consequences would appeal for the assistance offered to the economy and political situation in the country.