14:47 GMT +323 April 2018
Listen Live
    Greek Prime Minister Alexis Tsipras waves to lawmakers following his first major speech in parliament in Athens February 8, 2015

    Greek Prime Minister Dismisses Possibility of New Credit From Troika

    © REUTERS / Kostas Tsironis
    Europe
    Get short URL
    0 87

    Alexis Tsipras, Greece Prime Minister, stated that Greece has no intention of asking the troika of international creditors for a new financial aid package.

    ATHENS (Sputnik) Greece has no intention of asking the troika of international creditors for a new financial aid package, Prime Minister Alexis Tsipras told the Realnews newspaper Sunday.

    "There is no discussion about the third memorandum [on financial aid], no new credit [plans]," Tsipras said.

    He added that measures like cutting salaries and pensions or forced mass resignations were out of consideration, as they would only further deteriorate the social climate in the country.

    Tsipras expressed hope that Greece and the European Union would be able to reach compromise despite certain European institutes willing to cut ties with Greece.

    The prime minister said that one of the country's main tasks at the moment was fighting corruption.

    On Friday, Christoforos Vernardakis, the secretary general on government work coordination, said Greece would unveil new reforms to help the country revive its economy on Monday, March 30, in Brussels.

    The new set of reforms is expected to help Greece save more than $3 billion over the period of three years.

    Greece's debt to the troika of foreign creditors, comprising the European Union, the European Central Bank and the International Monetary Fund, is estimated at some $270 billion.

    In February, Athens and eurozone finance ministers agreed to extend Greece's bailout for four months in exchange for a promise by Athens to implement a list of reforms.

    Related:

    Better Off Alone? Grexit Could Be Better for EU, Better for Greece
    Europe Should Be Flexible With Greece – Barroso
    Tsipras Sends Letter to Merkel: Greece Unable to Repay Debts Without EU
    Tags:
    financial aid, Alexis Tsipras, Greece
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment