NEWS

Deputy labor minister resigns over austerity measures

Deputy Labor Minister Yiannis Koutsoukos has resigned from the interim government, saying he disagreed strongly with some of the terms of Greece?s new bailout.

Koutsoukos said that some of the measures included in the deal, which has been approved by the leaders of the three coalition parties, were unconstitutional, breached treaties and went against European norms.

He also blasted the role of the International Monetary Fund, saying it was ?beholden to its own ideology? and ?serving certain interests.?

He accused the Washington-based fund of ignoring the impact that the measures would have on the deep recession in Greece.