Greek PM Alexis Tsipras faces opposition after bailout deal

[unhappycamper]

http://www.dw.com/en/greek-pm-alexis-tsipras-faces-opposition-after-bailout-deal/a-18582319

Prime Minister Alexis Tsipras must now convince his government to approve a deal that will save Greece an exit from the eurozone. But harsh terms from Brussels are threatening to cause political instability in Athens.

Greek PM Alexis Tsipras faces opposition after bailout deal
13.07.2015

Greek Prime Minister Alexis Tsipras announced the clinching of a crucial bailout deal with Brussels on Monday, saying he'd "fought a tough battle" to avert "financial strangulation." But the prime minister, elected five months ago on a promise to end austerity, is now facing tough opposition at home.

Eurozone countries have offered a possible 86 billion euros ($95 billion) to Athens over the next three years, provided it speedily implements labor and tax reforms. Tsipras is set to meet with his left-wing Syriza party on Tuesday in an attempt to convince rebel party members to accept the deal.

The Greek parliament would have to pass Brussels' proposal by Wednesday, after which the French and German parliaments, among others, would have to agree to the deal before discussing further prospects on spending the bailout funds.

"Clearly the Europe of austerity has won," George Katrougalos, Greece's minister for administrative reform, told BBC radio. "Either we are going to accept these draconian measures or it is the sudden death of our economy through the continuation of the closure of the banks. So it is an agreement that is practically forced upon us."

[PoliticAverse]

1. Let the people vote, 'accept the deal' or 'leave the Euro'. n/t