November 24, 2011
The head of Greece's opposition New Democracy party sent a letter to European leaders on Wednesday affirming his commitment to the Greek government's reform agenda, in an effort to unlock a slice of badly needed aid for the country.
Disbursement of €8 billion ($10.8 billion) in loans from Greece's euro -zone partners and the International Monetary Fund had been put in doubt after European leaders demanded written pledges from Greece's political party chiefs to back agreed reforms. Without that aid, Greece is expected to run out of money by mid-December.
Antonis Samaras had resisted sending a written commitment to the reforms, fearing voters would see such a pledge as reneging on his promise to renegotiate Greece's bailout terms.
He is leading in public opinion polls and is poised to become Greece's next prime minister in elections expected early next year.
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Read Samaras's Letter to European Leaders
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