''Greek leftist vows to cancel bail-out, renationalise economy''

From EU Observer

''Greek leftist leader Alexis Tsipras on Friday (1 June) unveiled his economic programme if he is elected later this month, pledging to cancel the EU-sponsored bail-out and renationalise banks and companies. 

Instead, he claimed that the bail-out itself "a mechanism of definitive bankruptcy and propelling the country into a voluntary departure from the euro area, the only exit that is institutionally viable."

"This false dilemma of 'bail-out or drachma' hides the real equation that the bail-out leads to the return of the drachma," Tsipras said.''

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