Greek PM Under Fire Pledges This is Last Concession

Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month.

Tsipras faces a tough Syriza central committee session on Thursday with many activists angered by his acceptance of bailout terms more stringent than those voters rejected in a July 5 referendum.

In a clear warning to party rebels, Tsipras said he could be forced to call early elections if he no longer had a parliamentary majority, and suggested an emergency party congress could be held in early September.

At the same time, Tsipras is under pressure from Greece’s creditors to go beyond the two packages of so-called prior actions passed by parliament and include unpopular steps to curb early retirement and tax breaks for farmers, EU sources say.

“I know well the framework of the deal we signed at the euro zone summit on July 12,” he told Sto Kokkino radio. “We will implement these commitments, irrespective of whether we agree with it or not. Nothing beyond that.”

With Greece close to the financial abyss last month, the government closed the country’s banks for three weeks under a capital controls regime, and Tsipras was later forced to make the major concessions on reform and austerity in order to open negotiations on a third bailout worth up to 86 billion euros.

via Reuters

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