2012: What's the 'real' truth?

Published time: February 21, 2015 16:08

Greek Finance Minister Yanis Varoufakis (Reuters / Eric Vidal)

Greek Finance Minister Yanis Varoufakis (Reuters / Eric Vidal)

The Greek prime minister says a new agreement to extend the country’s bailout voids the previous administration’s austerity commitments. The politician said, “we won the battle, but not the war,” but believes further difficulties lie ahead.

Alexis Tsipras made the comments in a televised statement on Saturday. He spoke of the “important success” of Greece being able to negotiate a funding agreement with eurozone ministers, which will see the bailout extended by four months.

The PM hailed this as, “the end of austerity and the bailout,” as Athens was able to severe ties with the ‘hated’ Troika group, which was responsible for making sure the country stuck to its bailout conditions and repay its international creditors.

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