World Economy

Tsipras Talks of Honorable Compromise

Tsipras Talks of Honorable CompromiseTsipras Talks of Honorable Compromise

Greek Prime Minister Alexis Tsipras says the era of austerity is over for his country, painting a positive picture Friday of reforms the country has agreed to take after its latest bailout program ends in 2018, AP reported. Speaking in parliament, Tsipras described the deal reached Monday as an “exceptional success” and said it showed the country’s creditors accepted Greece’s insistence that it could no longer bear any further budget austerity. “I am fully convinced we achieved an honorable compromise,” Tsipras said, adding that all sides at the eurozone finance ministers’ meeting in Brussels had agreed for the “first time after seven years ... to leave the path of continued austerity behind us.”


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