Spain’s left-wing party Podemos has criticized the Greek bailout deal struck by the country’s Syriza government, calling it “unsustainable.”
Podemos Economy Spokesperson Nacho Alvarez told CNBC on Wednesday that the reforms-for-aid deal will maintain the exact austerity policies that got Greece into trouble in the first place.
“This agreement was not designed to solve the economic problems (of Greece),” Alvarez told “Worldwide Exchange.” “It’s not a good agreement.”
The comments come as Greek lawmakers vote on a set of swingeing austerity and reform measures, insisted upon by creditors for Greece to get a much-needed third bailout.
Prime Minister Alexis Tsipras could face a revolt from inside his own party, however, amid discontent over the austerity measures both at home — and now abroad.
via CNBC
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