Employees of Athens Stock Exchange walk under screens showing falling stocks in red on January 28, 2015. (AP Photo/Petros Giannakouris)Athens Reuters—Leftwing Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatization plans agreed under the country’s bailout deal, prompting a third day of heavy losses on financial markets.
A swift series of announcements signaled the newly installed government would stand by its anti-austerity pledges, setting it on course for a clash with European partners, led by Germany, which has said it will not renegotiate the aid package needed to help Greece pay its …read more
Source: ASHARQ AL-AWSAT