Editorial: Contract for growth

Fiscal strictures – essentially a long-term memorandum – will remain strong and demanding through 2060, with no room for a unilateral withdrawal Sunday, June 24, 2018
Greece at this time needs an inspired leadership, which understands the contemporary world, believes in the activity of the private sector, and can absorb other countries’ experiences in achieving growth.
Debt relief deal reduces bond yields

Debt relief deal reduces bond yields

Eurozone finance ministers extended bond maturity dates and postponed interest payments for a large part of Greece’s loans Friday, June 22, 2018
Finance Minister Euclid Tsakalotos, in remarks following the Eurogroup decision, expressed the conviction that the debt relief measures will ensure Greece’s return to the markets.
Centeno: The Greek debt is viable

Centeno: The Greek debt is viable

The Eurogroup chief hailed Greece’s exit from the bailout memorandum, noting that Athens has successfully completed all 88 of the prior actions Friday, June 22, 2018
ECB chief Mario Draghi said that the viability of the Greek debt has improved in the medium term after yesterday’s Eurogroup decisions, and that the completion of all prior actions presages a successful bailout exit in August.
Debt deal done: 10-year grace period, 24.1bn fiscal cushion for Greece

Debt deal done: 10-year grace period, 24.1bn fiscal cushion for Greece

Eurozone finance ministers also decided to pay the last, 15bn euro tranche, so that Athens can exit the programme with a 24.1bn fiscal cushion, enough to cover funding needs for the next 22 months Friday, June 22, 2018
The deal includes a 24.1bn euro fiscal cushion, a 10-year extension (now through 2032) of the grace period on EFSF loans, and a 10-year extension of the average maturity of Greek bonds by 10 years.

Editorial: A country that lives with trash

We want neither landfills nor burning, when in other countries suitable units are in the city centres, without anyone being disturbed or reacting Friday, June 22, 2018
We are constantly being slapped with fines by the European Union because we maintain unacceptable landfills, without fundamental environmental protection measures, but no one cares.
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