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Greek Deputy Minister Resigns Over Cuts

Yiannis Koutsoukos not a fan of the new measures
By Newser Editors and Wire Services
Posted Feb 9, 2012 11:13 AM CST

(Newser) – Greece's deputy labor minister has resigned to protest the agreement on new austerity measures. Yiannis Koutsoukos issued a statement today saying he opposes the implementation of cutbacks and reforms agreed to earlier today to secure the country's $172 billion international rescue loan lifeline. In a letter to PM Lucas Papademos, he called the measures not just "tough" but "painful for working people," notes Reuters. Koutsoukos is a lawmaker with the majority Socialist party. (Read more Greece stories.)

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