Arab Today, arab today greek radical left seeks vote to cancel bailout
Last Updated : GMT 13:21:42
Arab Today, arab today
Arab Today, arab today

Greek radical left seeks vote to cancel bailout

Arab Today, arab today

Arab Today, arab today Greek radical left seeks vote to cancel bailout

Athens - AP

The head of Greece\'s Radical Left Coalition, whose strong gains in last month\'s elections deepened concerns over his nation\'s economic future, vowed Friday to cancel Greece\'s international bailout agreement if he wins an upcoming repeat ballot. Alexis Tsipras, whose party came second in the inconclusive May 6 polls, said there was no way to partially implement the terms of the bailout. Presenting his Syriza party\'s economic program, he said he would seek to repeal the bailout terms, which have included deep spending cuts and stiff tax hikes and have been blamed for a prolonged recession. The debt-strapped country holds its second election in six weeks on June 17. It was called after the center-right New Democracy party won the May 6 poll but without enough votes to form a government, and coalition talks collapsed. \"The first act of a government of the left, as soon as the new Parliament is sworn in, will be a cancellation of the bailout and its implementation laws,\" Tsipras said. \"Let people know that in Greece there is still a democracy.\" Tsipras\' Syriza party has been neck-and-neck with New Democracy in most recent opinion polls. The socialist PASOK party, which came to power in a landslide in 2009 elections, saw its support crumble on May 6, coming in third place with a meager 13 percent compared to ND\'s 18.9 and Syriza\'s 16.8 percent. Tsipras said the bailout agreement \"is a mechanism of definitive bankruptcy and pushing the country to a voluntary withdrawal from the eurozone.\" He predicted that under the bailout terms, Greece would be unable to return to the markets, from which it has been blocked out since mid-2010 by sky-high borrowing rates, for a decade. \"There is no more or less bad memorandum,\" he said, referring to the bailout agreement. \"You either implement the memorandum, or you cancel it. ... We will cancel it.\" Tsipras said that if he wins enough votes to form a left-wing government, he will \"seek a Europe-wide deal to drastically reduce the debt payments, or seek a debt moratorium. We will cancel the law ... to cut the minimum wage and benefits. Debt payment must be tied to growth levels.\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greek radical left seeks vote to cancel bailout Arab Today, arab today greek radical left seeks vote to cancel bailout

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Air raid kills eight women, child

GMT 06:42 2017 Friday ,17 February

Air raid kills eight women, child
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 20:02 2017 Saturday ,18 February

Gold edges higher as global equities lose momentum

GMT 10:20 2017 Thursday ,16 February

New Zealand's Spark rings up interim profit rise

GMT 05:40 2017 Thursday ,16 February

Stocks rise on Yellen’s positive US outlook

GMT 05:34 2017 Thursday ,16 February

‘Protectionism, populism threaten euro zone’

GMT 04:51 2017 Thursday ,16 February

Oil pulls back after brief rally
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday