- Sputnik International
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Greece Not to Agree to Creditors Unreasonable Austerity Demands - Tsipras

© AP Photo / Seth WenigGreece's Prime Minister Alexis Tsipras.
Greece's Prime Minister Alexis Tsipras. - Sputnik International
According to Greek Prime Minister, Athens will follow the memorandum signed with its international creditors, but will not agree to unreasonable austerity demands.

Refugees and migrants walk after disembarking from the passenger ferry Eleftherios Venizelos from the island of Lesbos at the port of Piraeus, near Athens, Greece, December 26, 2015 - Sputnik International
German Finance Minister Slams Greece Over Refugee Influx Mismanagement
ATHENS (Sputnik) Athens will follow the memorandum signed with its international creditors, but will not agree to unreasonable austerity demands, Greek Prime Minister Alexis Tsipras said, as quoted by the local media on Sunday.

"We will stick to the letter of the agreement, but will not accept injustice,” Tsipras said, as quoted by the Real newspaper.

According to Tsipras, 2016 will be a pivotal year, after several years of crisis for the country.

The Greek economy has been severely strained because of the country’s multibillion debt accumulated after the 2008 world economic crisis.

In July, Greece signed an agreement with the international creditors, approving a third bailout package for Athens worth 86 billion euros (about $95 billion) in exchange for highly unpopular austerity reforms such as pension cuts and tax hikes.

To participate in the discussion
log in or register
Заголовок открываемого материала