Greece's Tsipras pleads for debt relief with austere budget


  • World
  • Tuesday, 06 Oct 2015

Greek Prime Minister Alexis Tsipras attends a swearing-in ceremony of the new deputies that were elected in the September 20 general election, at the Greek parliament in Athens, Greece, October 3, 2015. REUTERS/Alkis Konstantinidis

ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras issued a resounding call for debt relief on Monday as his government unveiled an austere 2016 budget sticking strictly to international bailout targets in a new spirit of cooperation with European and IMF creditors.

The draft budget, released as Tsipras delivered his keynote four-year policy programme to parliament, projected that the economy would stay in recession next year, shrinking by 1.3 percent after a 2.3 percent contraction in 2015, before returning to growth in 2017.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

AI computing is on pace to consume more energy than India, Arm says
Stabbed Sydney Assyrian bishop says recovering quickly, forgives attacker
Croatian ruling party wins election without majority
Prince William returns to public duties after wife Kate's cancer revelation
U.S. stocks retreat on little progress in fighting inflation
Roundup: U.S. crude supplies up, other petroleum data mixed
U.S. oil imports, exports up last week
U.S. crude oil production unchanged last week
Feature: Growing translation efforts fuel popularity of Chinese literature in T�rkiye
UNHCR provides medical assistance to healthcare centers in Libya

Others Also Read