Greek PM Tsipras urges reform as part of strategy to exit crisis
  • 9 years ago
Greece will only have completely emerged from its crisis when it can independently and consistently borrow in international markets.
His comments on Monday to Greek lawmakers came as European creditors urged Tsipras to maintain his zeal for reforms in return for billions more of bailout cash and a promise of talks on relieving the country's debt burden.
As a condition of July's three-year 86 billion-euro bailout agreement the country's third since 2010 Greece has to overhaul its economy by reforming its labour markets, raising taxes, cutting spending and putting state investments up for sale.
"This government, during its four-year mandate, will set its seal on the country's final exit from the crisis," Tsipras told lawmakers at the opening of a three-day parliamentary debate on his government's policy platform, which ends with a confidence vote late Wednesday.