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Samaras to CNBC: 'We Are Anchored' to Euro

Reported by Michelle Caruso-Cabrera, Written by Patrick Allen
Sunday, 17 Jun 2012 | 4:54 PM ET

Antonis Samaras, the leader of the New Democracy party which won the most votes in Sunday’s election, told CNBC that investors should be reassured by his parties victory over radical leftist Syriza party.

Greece's conservative party leader Antonis Samaras.
Louisa Gouliamaki | AFP | Getty Images
Greece's conservative party leader Antonis Samaras.

"First of all I feel great relief for what happened. They (investors) should be reassured," Samaras said in an interview as he left a news conference to try and form a coalition government.

"What is happening today is we made sure with the vote of the Greek people that we are anchored within the euro; that we believe Europe can stand together with Greece, with every country that believes in the European orientation, as we do as the Greek people do," he said.

Samaras said it is important that the new government do its best to boost social cohesion and development while honoring his countries commitments.

"But at the same time allow for growth oriented policies that will allow us to recover,” said Samaras

"If we don't...the unemployment levels have reached such incredible...50% numbers for the youth for instance, that will disable anyone to do anything,” he added.

Samaras to CNBC: Investors Should Be Reassured
The leader of Greece's New Democracy party, which won the most number of votes in Sunday's election, tells CNBC Greece is anchored to the Euro.

"We have to allow for the recovery at the same time we have to be stable within Europe,” said Samaras, who added that a lack of security for the Greek people is another issue he plans to tackle following an increase in burglaries and attacks on immigrants. “I'm confident we can do it.”