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Sunday, July 12, 2015
EU Demands Complete Capitulation From Tsipras
In addition to requirements to cut pensions and raise sales tax, which Tsipras accepted last week, the memo demanded that officials from Greece’s creditors return to Athens with full access to government ministers and a veto over relevant legislation, according to the document.
Euro-area leaders also want Tsipras to transfer as much as 50 billion euros ($56 billion) of state assets to an independent Luxembourg-based company for sale and make him fire the workers he hired in defiance of Greece’s previous bailout commitments.
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