Greece’s Tsipras calls for “fair” renegotiation of debt

Greek Prime Minister Alexis Tsipras has ruled out a rift with international lenders, saying his new cabinet wants only a “fair” solution. His team has stopped the privatization of Piraerus, Greece’s biggest port.

Tsipras convened the first meeting of his anti-austerity cabinet on Wednesday, vowing to end “nepotism” in Greek business and renegotiate Greece’s huge debt in a “fair, mutually beneficial” deal with its creditors, including the EU.

Greece’s European partners have ruled out debt forgiveness since Tsipras’ left-wing Syriza party triumphed in Sunday’s election by defeating long-established parties.

Tsipras, speaking as cabinet convened, said his new government, which includes junior right-wing partner Independent Greeks, would draft a four-year plan containing “realistic” proposals on debt and investment.
 
 
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Source News: DW