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
Greek Deputy Minister Resigns Over Cuts
From left to right, Greek Prime Minister Loukas Papademos, Leader of the Socialist Party PASOK George Papandreou, leader of the conservative Party New Democracy Antonis Samaras and the leader of the right wing LAOS party George Karadjaferis enter the meeting at Maximos mansion in Athens on Wednesday...   (YIORGOS KARAHALIS)

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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