Live Update
From the Liveblog of
Monday, January 26, 2015
Europe warns Greece to stick to austerity
The EU issues a stern warning to Greece that its place in the eurozone is at risk if new Prime Minister Alexis Tsipras fails to meet the country’s austerity and debt commitments.
From Brussels to Berlin officials say they were ready to talk to the new government led by Tsipras’ radical left party Syriza, but insisted that Athens must stick to prior agreements with its international creditors.
Eurozone finance ministers are meeting in Brussels a day after Syriza storms to victory in elections on the back of Tsipras’ promises to end “disastrous austerity” and seek a cancellation of Greek debt.
— AFP