Greek PM Tsipras says there is no going back to austerity

March 16, 2015 8:08 AM

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Greek PM Tsipras says there is no going back to austerity

ATHENS (Reuters) - Greece will not accept any return to austerity, leftist Prime Minister Alexis Tsipras said on Monday, adding that he was convinced he would strike a deal with international partners to keep finances afloat.

"The key for an honorable compromise (with the EU/IMF creditors) is to recognize that the previous policy of extreme austerity has failed, not only in Greece, but in the whole of Europe," Tsipras told daily Ethnos in an interview.

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