ATHENS, Greece (AP) — The European Parliament’s president arrived in Athens Thursday for a visit closely watched for signs of a potential clash between Greece’s new left-wing government and its bailout lenders.
Martin Schulz is the first European Union official to meet Prime Minister Alexis Tsipras, whose new Cabinet alarmed the Greek stock market Wednesday with promises to renege on a series of key budget commitments made by previous administrations in exchange for 240 billion euros in rescue loans.
On Wednesday, incoming ministers announced they would scrap several major privatizations, restore the minimum wage to previous levels and rehire some suspended public …read more
Source: San Francisco Chronicle
