Tsipras dismisses fiscal adjustment extension as 'stale little gift'
Greece's leftist opposition leader on Wednesday dismissed the fiscal adjustment extension that the troika of foreign lenders may grant the debt-hit country as a “stale little gift.”
Speaking to party deputies, SYRIZA chief Alexis Tsipras attacked the three parties involved the government coalition -- currently in talks with European Union and International Monetary Fund envoys aimed at finalizing an 11.5-billion-euro package of cost-cutting measures.
Tsipras asserted that the new austerity measures, which he described as being designed to unmake Greek society, have already been decided upon. “They are only looking for the right packaging,” he said of coalition members New Democracy, PASOK and Democratic Left.
Tsipras also railed at the government’s hopes that Greece will gain more time to meet its economic targets under its bailout agreement.
“The pro-bailout neoliberal lobby is trying to portray the stale little gift of [fiscal] extension as a success,” he said.
Austerity is out after the euro-area recession extended to a sixth quarter. Stimulus isn’t yet in.
That was the something-for-everyone message from European leaders at a summit in Brussels W...
The moment of truth is approaching for Greece, Ireland, and other countries under fiscal adjustment programs. In an interview with Kathimerini, Jeroen Dijsselbloem, the president of the Euro...
PAOK recovered some of the ground lost in the Super League playoffs by beating fellow Champions League-spot contender Asteras 2-1 at Tripoli on Wednesday, while PAS Giannina and Atromitos sh...
The league that in the last three years has produced the European basketball champion entered its playoffs on Tuesday and Wednesday with the first games of the quarterfinal round, with AGO R...
Far-right Golden Dawn has been catapulted onto center stage of Greek politics. That’s almost an achievement for the post-1974 political system that emerged from the collapse of a pathetic mi...
A growing number of European Union leaders and officials are now suggesting that next year will most probably see a significant write-down on Greek debt.
The country’s partners are clearly a...
