13:54 GMT24 January 2021
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    Greek PM Says Eurozone Deal Cancels Previous Austerity Promises

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    Alexis Tsipras said that a funding agreement made with eurozone ministers cancelled the previous government's austerity commitments to the country's international creditors.

    Greek Prime Minister Alexis Tsipras said on Saturday that a funding agreement made with euro zone ministers cancelled the preceding conservative-led government's austerity commitments to the country's international creditors.

    "Yesterday we took a decisive step, leaving austerity, the bailouts and the troika," he said in a televised statement. We won a battle, not the war. The difficulties, the real difficulties… are ahead of us."

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    Tags:
    funding, credit, Alexis Tsipras, Greece
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