The Greek debt drama continues: Reforms were promised, but not implemented. Inspectors currently make a check on progress, before more money is released. France's leader is also in the capital, to show the Greeks that they do have friends.
Greece's parliament has voted to approve a package of reforms demanded by the country's international lenders in return for fresh bailout funds. But many Greeks turned out to protest against the measures.
Eurozone finance ministers have reached a "political agreement" to grant Greece €6.7 billion in bailout money. The ministers praised Greece's progress, putting it on track to leave its bailout program this year.
Greece's creditors have concluded a first round of fresh bailout inspections to assess reforms. Even if deadlines are met, a shattered economy and battered public trust will linger behind, says Anthee Carassava.
Ahead of crunch eurozone talks on Thursday, France's new finance minister, Bruno Le Maire, said a deal on debt relief for Greece was close. The issue has caused a rift among creditors, in particular Germany and the IMF.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version