Greece anti-bailout opposition calls for debt repayment delay

Alexis Tsipras, the leader of Greece’s main opposition Radical Left Coalition Party, has called for a delay in the repayment of rescue loans until the country emerges from its major recession. 

Tsipras argued that the austerity policies pursued by the three-party coalition government would continue to weaken Greece’s economy, the AP reported. Austerity could also leave the country more reliant on emergency loans from other eurozone states and the International Monetary Fund, the politician said at a financial conference. 

On Monday, Greece launched a bond buyback program aimed at trimming its debt load to a more sustainable level.

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