Greece bailout ends but with no substantial effect on citizens’ life

It was yesterday when the Prime Minister Alexis Tsipras stated from the Greek island of Ithaca that the austerity measures are over cheering for the Greek bailout programme exit. Mario Centeno, the chairman of the ESM’s board of governors, had said last Monday that Greece is once more a nation which doesn’t need any additional […]

Will the Greek economy ever come back to growth?

Eurozone’s Finance Ministers convened in Luxemburg two days ago and proposed that Greece should immediately focus on the necessary reforms in order to be able to cope with the third bailout programme. Both sides (creditors and Greece) agreed that Greece will have to implement the 48 prerequisites- measures that will unlock the next much needed tranche […]

The third bailout agreement for Greece is a done deal amid European economies full of problems

After a very long session that lasted nearly 25 hours, the Greek government through 222 MP’s said a clear YES to the terms of the third bailout agreement. This strong positive vote provided to Euclid Tsakalotos, the Greek Finance Minister, the necessary tools to seal the deal with his counterparts, which realized late last night at […]