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New Greek Leader Makes Good on Promises to Roll Back Austerity Measures
Greece's new left wing Prime Minister Alexis Tsipras appears to be making good on election promises of rolling back the tough austerity measures that were thrust upon crisis-ridden Greece in return for bailout money. Just one week in, his government announced a flurry of anti-austerity measures that have already put him at loggerheads with Greece's international creditors and EU partners. Halting controversial privatization deals, reinstating some public sector employees and raising pensions for retirees on low incomes may clash with the austerity drive stipulated by Greece's creditors, but this makes the new government rather popular at home, for now.

Sat, Jan 31, 2015 -- 3:00am


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