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Far-left Greek minister expects deal, but opposes "tough austerity"

With hours left to produce a new reform proposal, left-wing Prime Minister Alexis Tsipras faces a challenge in convincing creditors while keeping his party on side.

Far-left Greek minister expects deal, but opposes tough austerity

Greek Energy Minister Panagiotis Lafazanis, leader of the far-left flank of the ruling Syriza party, said on Thursday he expected an aid deal with creditors "soon" but opposed a third bailout with tough austerity measures that would stifle growth.

"We don't want to add a third bailout of tough austerity which will not give any prospect in the country," Lafazanis told reporters.

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