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Prime Minister Tsipras Makes Greece’s Debt Problem Top Priority

August 2, 2023
in Trade Tube
Reading Time: 1 min read
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Greece’s new leftist prime minister says his government’s top priorities are negotiating with creditors to resolve the country’s debt problems and dealing with what he describes as a humanitarian crisis. Speaking in the new government’s first Cabinet meeting Tuesday, Tsipras said he was ready with a four-year fiscal plan that would balance the budget, when not counting for costs of servicing debt. The plan also aims to find ‘realistic proposals’ on how to make Greece’s huge rescue loans easier to manage. Tsipras’ radical left Syriza party won Sunday’s election and teamed up with a small right-wing anti-bailout party to form a government. The move has raised concerns Greece will clash with international creditors.

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