Greece economy: PM Tsipras seeks to placate creditors
Greece economy: PM Tsipras seeks to placate creditors Mr Tsipras (R) said it was still early days for negotiations with creditors Continue reading the main story Greece election Five things Syriza wants Challenges for Tsipras Germans count cost Greeks wary of future Greek Prime Minister Alexis Tsipras has said he is confident that agreement can be reached with creditors over repayment of Greece's debts. Mr Tsipras said in a statement issued to Bloomberg news agency that he had never intended to act unilaterally. German Chancellor Angela Merkel has ruled out debt cancellation, saying creditors had already made concessions. Mr Tsipras' Syriza party won last weekend's election with a pledge to have half the debt written off. Its new Finance Minister Yanis Varoufakis has refused to work with the "troika" of global institutions overseeing Greek debt, which had agreed a €240bn (£179bn; $270bn) bailout with the previous Greek government. The...