Alexis Tsipras, the new Greek prime minister, has insisted he will not seek an extension to the country’s current bailout, putting his leftwing government on a collision course with its creditors in the run-up to this week’s EU summit.
“This government isn’t justified in seeking an extension . . . The bailout has failed,” a defiant Mr Tsipras said in a speech to parliament on Sunday night setting out his government’s policy priorities.
“The Greek people gave a strong and clear mandate to immediately end austerity and change policies,” he said. “Therefore the bailout was first cancelled by its very own failure and its destructive results.”
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