Tsipras says 'blind insistence' on pension cuts would worsen crisis

The "blind insistence" on cutting Greek pensions will only worsen the country's already dire financial crisis, Greek Prime Minister Alexis Tsipras wrote in a German newspaper commentary on Thursday. In a guest column for Der Tagesspiegel newspaper in Berlin, Tsipras also rejected the "myth" that German taxpayers are paying Greek pensions and wages. "The blind insistence of cuts (in pensions) in a country with a 25 percent unemployment rate and where half of all the young people are unemployed will only cause a further worsening of the already dramatic social situation," Tsipras wrote.

Tsipras says 'blind insistence' on pension cuts would worsen crisis source: http://finance.yahoo.com/news/tsipras-says-blind-insistence-pension-063601808.html