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Radical left leader Tsipras claims that the bail-out equals a return to the drachma (Photo: PIAZZA del POPOLO)

Greek leftist vows to cancel bail-out, renationalise economy

Greek leftist leader Alexis Tsipras on Friday (1 June) unveiled his economic programme if he is elected later this month, pledging to cancel the EU-sponsored bail-out and renationalise banks and companies.

But economists say his plans are unfeasible and mere electoral posturing.

With polls indicating a close race between his radical-left Syriza party and the former ruling New Democracy party, Tsipras has presented the 17 June vote as a choice between the austerity programme attac...

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Radical left leader Tsipras claims that the bail-out equals a return to the drachma (Photo: PIAZZA del POPOLO)

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