Tsipras says Cyprus has changed bailout dynamic, sees ‘suspension’ of memorandum

Tsipras says Cyprus has changed bailout dynamic, sees ‘suspension’ of memorandum

 

SYRIZA leader Alexis Tsipras said on Tuesday that the handling of the crisis in Cyprus had fundamentally changed the way Greeks should see their country’s bailout, but he also stopped short of saying that a leftist government would tear up the existing loan agreement with the eurozone and International Monetary Fund.

Speaking at the Economist conference in Athens yesterday, Tsipras speculated that Prime Minister Antonis Samaras might be “preparing for elections and a heroic departure.” “We encourage him to take this step. It will be good for him and the country,” added the SYRIZA leader.