Home Page >> EU 14 July 2015, Tuesday 09:14
Tsipras to face showdown with rebels in own party
Greece’s leftwing Prime Minister Alexis Tsipras faces a showdown with rebels in his own party on Tuesday furious at his capitulation to German demands for one of the most sweeping austerity packages ever demanded of a euro zone government.

Just hours after a deal that saw Greece surrender much of its sovereignty to outside supervision in return for agreeing to talks on an 86 billion euro bailout, doubts were already emerging about whether Tsipras would be able to hold his government together.

The terms imposed by international lenders led by Germany in all-night talks at an emergency summit obliged Tsipras to abandon promises of ending austerity.

Instead he must pass legislation to cut pensions, increase value added tax, clamp down on collective bargaining agreements and put in place quasi-automatic spending constraints. In addition, he must set 50 billion euros of public sector assets aside to be sold off under the supervision of foreign lenders and get the whole package through parliament by Wednesday.

Tsipras himself, elected five months ago to end five years of suffocating austerity, said he had “fought a tough battle” and “averted the plan for financial strangulation”.

But to get the accord through parliament by Wednesday’s deadline, he will have to rely on votes from pro-European opposition parties, raising big questions over the future of his government and opening the prospect of snap elections.

Leftwing rebels in the ruling Syriza party, and his junior coalition partner, the right-wing Independent Greeks party, indicated they would not tear up election pledges that brought them to power in January.

“We cannot agree to that,” Independent Greeks leader Panos Kammenos told reporters after meeting Tsipras. “In a parliamentary democracy, there are rules and we uphold them.”

A meeting of the Syriza parliamentary group on Tuesday morning could see Energy Minister Panagiotis Lafazanis and Deputy Labour Minister Dimistris Stratoulis sacked over their opposition to the bailout.

There may also be a battle over parliament speaker Zoe Constantinopoulou, an uncompromising leftwinger who also defied Tsipras over the bailout and who could create serious procedural obstacles for the package.

(Reuters)


Add a comment     Share Share/Bookmark    
COMMENTS
0
WAITING FOR PERMISSION
0
increase font size decrease font size print this page tell a friend Add a comment (0)

Steve Fisher still runs TRNC online betting world from South Cyprus
Despite leaving enormous debts behind in the TRNC after the collapse of his co-owned Stan Toto Betting, Steve Fisher still runs the country’s online betting world.
Three drown as over 240 migrants are saved by Greek Coast Guard
Mounting one of its biggest rescue operations in the Aegean Sea this year, on Wednesday the Greek Coast Guard saved some 240 migrants after a large wooden smuggling boat capsized in high winds off the Greek island of ...
Slovenia asks EU to help regulate flow of migrants from Croatia
Slovenia has asked the European Union for police to help regulate the inflow of migrants from Croatia, Interior Minister Vesna Gyorkos Znidar told TV Slovenia.