Greek government maintains its red lines, FinMin Tsakalotos tells El Mundo

The agreement achieved between Greece and its creditors will allow eventually the implementation of the governance model that Athens seeks, Finance Minister Euclid Tsakalotos said in an interview with Spanish newspaper El Mundo on Wednesday, adding that he and Prime Minister Alexis Tsipras maintain their red lines in protecting the weak classes and the unemployed.

Greek government maintains its red lines, FinMin Tsakalotos tells El Mundo

Asked whether the deal with the troika constitutes a defeat of the radical let in Greece, Tsakalotos said: “There were things we gained and things we lost. If the deal was good or not, only time will tell.”

He said that one of the reasons the government backed down and signed is that it was not clear if outside the euro, Greece would be able to avoid an agreement with its lenders anyway, because there are issues “which don’t just disappear by leaving the euro.”

 

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