16-07-2015 00:43 via news.yahoo.com

Tsipras says Greece needs debt restructuring to exit the crisis

Prime Minister Alexis Tsipras repeated his skeptical assessment of the austerity measures imposed by lenders in return for opening talks on a new bailout, saying Greece needed to restructure its massive public debt. "I acknowledge the fiscal measures are harsh, that they won't benefit the Greek economy, but I'm forced to accept them," he said before a vote on the package in parliament in the early hours of Thursday. "If there is any possibility of the economy emerging from the crisis, it comes f
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