Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Monday 01 June 2015 12:01 am

Greek leader resents way creditors have behaved

By: Express KCS

Add as a preferred source on Google

Greek Prime Minister Alexis Tsipras launched a scathing tirade of criticism at the country’s creditors yesterday, accusing them of giving a false representation of negotiations and hitting out at their insistence that Greece stick to its austere path.

“The lack of an agreement so far is not due to the supposed intransigent, uncompromising and incomprehensible Greek stance,” Tsipras said.

“It is due to the insistence of certain institutional actors on submitting absurd proposals and displaying a total indifference to the recent democratic choice of the Greek people, despite the public admission of the three institutions the International Monetary Fund (IMF), the European Commission (EC) and the European Central Bank (ECB) that necessary flexibility will be provided in order to respect the popular verdict,” he wrote in French newspaper Le Monde.

He warned that if Greece was made to follow the path of the previous government, it would mean “the complete abolition of democracy in Europe.”

Tsipras rejected claims the country has not proposed reforms, outlining a number of them that had been submitted in negotiations, which included less immediate austerity and raising public revenues from higher classes. He also said Greece had given way on privatisation, to which his communist party is strongly opposed.

Reforms to boost state coffers included “tax on very high profits, a tax on e-betting, the intensification of checks of bank account holders with large sums – tax evaders, measures for the collection of public sector arrears, a special luxury tax, and a tendering process for broadcasting and other licenses, which the Troika [ the institutions] coincidentally forgot about for the past five years.”

Despite Greek insistences last week, a deal was not reached at the weekend to grant the country bailout cash, an EC official told City PM Without this, it is feared Greece could miss a payment to the IMF of €300m (£214m) due this Friday.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Economics

Related Topics

  • Greek debt crisis

Trending Articles

  • The former African gold miner taking on the billionaire Issa brothers

  • Music tycoon Simon Cowell sued by prominent City lawyer

  • Exclusive: Big Four giant KPMG to cut more jobs

  • Easyjet proves too tempting a bargain for gatecrasher Apollo

  • I was on the Goodyear blimp above London – here’s what it was like

More from City PM

  • Franco Manca and Real Greek owner slumps to £14m loss as boss quits

    Hospitality
    Franco Manca restaurant exterior showcasing the vibrant storefront and bustling street atmosphere in a busy city location.
  • Has The Odyssey made the classics cool now?

    Life&Style
    Christopher Nolan directing a scene from his film The Odyssey, highlighting the modern revival of ancient Greek classics.
  • ‘Chaos’ – Aviation industry slams EU border checks as millions face summer holiday misery

    Aviation
    Airport delays in Spain
  • EU airport chief: ‘I don’t know how we’ll cope’ with new border system

    Transport & Infrastructure
    Drop off charges at UK airports have reached the highest level on record amid booming travel demand this summer.
  • Nottingham Forest owner Marinakis announces £210m stadium plans

    Sport Business
    Breaking news anchor reporting live from bustling city street with pedestrians and traffic in the background
  • Exclusive: Reynolds never met Thames Water investors before rejecting rescue deal

    Water
    Emma Reynolds speaking at a business conference podium, engaging audience with insights on industry trends and strategies.
  • Thames Water on cusp of public ownership after ‘weak’ deal

    Water
    Thames Water creditors have made a last-ditch offer for a rescue deal.
  • Gone for good: UK distributor behind Take That film goes bust

    Media
    Due to the lack of specific article content or context, I am unable to generate a precise alt text. Please provide more in...

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook