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Eurozone backs Greek reform plan, aid extension

Greece's government waters down campaign promises to halt privatisations, boost welfare spending and raise the minimum wage

EU and Greek flags flutter atop the Greek Ministry of Finance in central Athens on Tuesday. The new leftist-led Athens government sent Eurogroup chairman Jeroen Dijsselbloem a detailed list of reforms it plans to implement by July.

While Mr Tsipras has won broad support in his coalition for the deal clinched in Brussels, some hardline leftists have criticised it and the conservative opposition has charged that his illusions have been punctured.


GREECE secured a four-month extension of its financial rescue on Tuesday when its eurozone partners approved a reform plan that backed down on key leftist measures and promised that spending to alleviate social distress would not derail its budget.

Finance ministers sealed...

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