Photo: Reuters/ Alkis Konstantinidis
Greek Prime Minister Alexis Tsipras, in a defiant mood, has chalked out plans to dismantle the nation’s ‘cruel’ austerity programme, with also disregarding any sort of extensions of its international bailout. This has set the Leftist PM in a ‘collision’ with his European contemporaries.
A list of reverse reforms had been rattled off by him in his first major fiery speech to the parliament, last month. These reforms included reinstating pension incentives and cancellation of a property tax, with also raising the minimum wages back to the level before the crisis had hit the nation. The Prime Minister further seemed to pay almost very little heed to the warnings issued by the European Union’s leaders to stick to the prior commitments of 178 billion pounds bailout and vowed to heal and secure the ‘wounds’ of austerity that had been related to money.
Athens, the capital city which still struggles to recover and finance itself without anymore external aids, plans to service its debt was further commented by Tsipras. In an attempt to show his seriousness about avoiding a new upward spiral in the expenditure, he announced for a series of ‘cuts’ and other reductions to make the government functioning more leaner.
Tags: Alexis Tsipras EU Greece
