FinMin Tsakalotos: 'The Left has to crush the old establishment, otherwise Greece has no future'

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FinMin Tsakalotos: 'The Left has to crush the old establishment, otherwise Greece has no future'

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Greek Finance Minister Euclid Tsakalotos said on Wednesday the Left has to crush the old establishment otherwise Greece will have no future, during a speech in parliament which is debating the omnibus bill that includes the prior actions demanded by Greece’s lenders.

“I know one thing. If the Left does not crush the old establishment, this country will have no future,” the minister noted.

“We never embellished the situation,” he said, adding that “it’s too early to judge the agreement because a lot will depend on what will happen at a political level in Europe.”

Tsakalotos said Europe will be tested in the next few years and one of the reasons will be the questions the Greek government has asked on “whether it respects democracy, solidarity and pluralism or not.”

He also explained that to achieve growth in Europe and Greece, alliances will have to be formed to stop austerity. “So a lot will depend on the politicians and on how the political system will handle it.”