Economics

EU Toughens Stance After Tsipras Names Government of Radicals

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A day after Alexis Tsipras became prime minister of Greece, the euro region hardened its rhetoric.

Germany and the Netherlands led warnings to the new anti-austerity Greek government about rolling back budget cuts meant to get spending under control. The two countries pressed Tsipras to endorse the fiscal tightening that underpins the 240 billion-euro ($272 billion) aid program for Greece.