Anti-Bailout Party Rejects Greek Austerity Pledge
Greece's commitment to austerity is no longer valid because voters have rejected those deals, a left-wing party leader declared Tuesday as he tried to form a new coalition government. - Alexis Tsipras, head of the Radical Left Coalition that came a surprise second in Sunday's tumultuous election, called upon Greece's two main party leaders to renege on their support for the multibillion-euro international bailout that is keeping Greece afloat. "There is no way we will sneak back in again what the Greek people threw out" in the election, he said, referring to resented austerity measures that have slashed incomes since early 2010 and led to record high unemployment.