ATHENS — "Today, under the weight of the explosive financial impasse that the government has created in the Greek market, it is opting to escape via a temporary postponement in the implementation of its catastrophic bankruptcy law," main opposition SYRIZA-Progressive Alliance MP Effie Achtsioglou, in charge of financial issues for the party, said on Monday.

Achtsioglou said the government's policy "has led to an increase in the debts of citizens and small- and medium-sized enterprises, and then with cynicism threatened all of society with bankruptcy and confiscation of property, despite the collective reaction of the opposition, the representatives of production and professional associations."

She also underlined that "the threat of bankruptcy and confiscation of property for the vast majority of small and medium-sized enterprises and citizens, cannot continue to exist, not even through their postponement," adding that its abolition was "an imperative social need and demand."