Live Update arrow right icon From the Liveblog of Monday, January 26, 2015

Europe warns Greece to stick to austerity

26 January 2015, 5:23 pm
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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

Syriza leader Alexis Tsipras greets supporters following victory in the election in Athens on January 25, 2015. (photo credit: Aris Messinis/AFP)
Syriza leader Alexis Tsipras greets supporters following victory in the election in Athens on January 25, 2015. (photo credit: Aris Messinis/AFP)

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