Greece Will Be Stuck In Its Bailout for Years to Come

Link

The exit terms make it difficult for the next Greek governments to chalk up any wins.

  • Leonid Bershidsky
  • Bloomberg

In a way, the debt relief deal Greece has received as it exits its bailout makes good sense: It keeps the country on a tight leash, all but eliminating the possibility that it will go on a borrowing spree in the financial markets and misspend the money as it’s done…

Chip 1aOn the other hand, the scheme gets superimposed uncomfortably onto the country’s political cycle: It puts the next government on the spot, making a backlash against it all but…

Leave a Reply

Your email address will not be published. Required fields are marked *

*