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Greece's new left-wing government can boast some high-profile allies, from Nobel economics laureates to US President Barack Obama, in its controversial drive against austerity in Europe. Prime Minister Alexis Tsipras says Greece's economy will never truly recover from a six-year recession that has caused a "humanitarian crisis" in the country without growth stimulus and another cut to its massive debt. Germany, which has borne the bulk of Greece's multi-billion-euro bailout, was quick to rule out another debt cut after a 2012 operation slashed Athens' obligations to private creditors by about 100 billion euros ($113 billion). A few days later, US Nobel laureate Paul Krugman noted that demanding Athens create a budget surplus of 4.5 percent of output is akin to "extracting blood from a stone".
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