Greek creditors hit unexpected obstacle: report(!)

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Greek creditors hit unexpected obstacle: report (by Ronald D. Orol)

WASHINGTON (MarketWatch) - One of three leaders in a new Greek coalition refused to sign an oath that he will approve austerity measures, creating a new obstacle for Greece's creditors, according to reports Saturday. Antonis Samaras, leader of Greece's top conservative party, New Democracy, said there is no need for him to offer a written declaration because he can be trusted, according to reports. His comments come after international leaders have called for written commitments to offset their fears that Greek politicians may backpedal on commitments during the period before the country's February elections, the reports said.

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