Greek PM Tsipras says IMF debt report justifies rejection of deal
[ATHENS] Greek Prime Minister Alexis Tsipras on Friday said an IMF analysis showing Greece's debt is unsustainable justifies his government's decision to reject an aid package from creditors that offered no debt relief.
In a televised address to the nation on the final day of campaigning ahead of Sunday's referendum, Mr Tsipras renewed his appeal to Greeks to vote against the bailout package and say'no' to blackmail and ultimatums.
"Yesterday an event of major political importance happened," Mr Tsipras said.
"The IMF published a report on Greece's economy which is a great vindication for the Greek government as it confirms the obvious - that Greek debt is not sustainable."
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Overcrowded Venice introduces first payment charge for tourists
South Korea readies new system to detect illegal short-selling
US births retreat after pandemic-era growth
Markets are embracing India’s Modi for what he won’t do
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah