ATHENS, Greece -The so­cial­ist par­ty leader pre­dicts a coali­tion will rule Greece af­ter the May 6 elec­tion, and says if his PA­SOK par­ty is in­volved there will be no new tax­es, or across-the-board wage and pen­sion cuts. Speak­ing Sat­ur­day in front of a se­lect au­di­ence of par­ty of­fi­cials, Evan­ge­los Venize­los said the coun­try would al­so be able to re­sume self-sus­tained growth, and wean it­self off the re­stric­tions of two emer­gency loan agree­ments by 2015, if PA­SOK is in­volved.

Venize­los-the for­mer fi­nance min­is­ter-added that the slash­ing of more than half of Greece's pri­vate­ly held debt, an agree­ment he helped ne­go­ti­ate, will help in­ject an es­ti­mat­ed &eu­ro;50 bil­lion (US$66 bil­lion) in­to the mar­ket over the next three years and a sta­ble tax regime over the next ten years will boost growth.

The bulk of the liq­uid­i­ty in­jec­tion, said Venize­los, would come through bank loans worth 30 bil­lion, of which 20 bil­lion would come from "liq­uid­i­ty and growth" pacts the gov­ern­ment and the banks would sign, and the oth­er 10 bil­lion from the 70 bil­lion he ex­pects Greeks to ei­ther repa­tri­ate or take out of stashed re­serves, and re­de­posit with Greek banks.