Tsipras' Other Problem: Holding Together His Coalition at Home

New Reform Measures Shows Greece is Getting Serious

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Greek Prime Minister Alexis Tsipras turned Tuesday to shoring up support at home for his plan to end a five-month standoff with creditors that has brought his nation to the edge of default.

Tsipras needs to ensure his coalition, ranging from Maoists to Social Democrats, will back proposalsBloomberg Terminal he outlined Monday that include eliminating early retirement options, raising the sales tax, increasing taxes on middle- and high-income earners and introducing a new levy for companies with annual profit of more than 500,000 euros ($568,000).