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Tag Archives: 2060

Four more decades of austerity for Greece

Greece has been one of the biggest economic failures one normally sees in countries hit by war of revolution. After eight years of bailouts, brinkmanship and even more bailouts, Greece’s economy is finally ready to stand on its own again. Well, what’s left of it, writes an analyst on Washington …

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ESM approves debt relief measures to bring Greece out of the woods in 2060

The Board of Directors of European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) approved short-term debt relief measures for Greece, Monday afternoon. “The measures approved by the governing bodies of the ESM and EFSF are an important step towards improving Greek debt sustainability,” Managing director Klaus Regling said and …

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