Greece between IMF, German Elections, and the Future of the Euro Area
NOVANEWS
Adelina Marini
EU Spring Economic Forecast - Optimism in Times of Uncertainty
Could Greece Really Turn the Page?
European Semester Shows EU in the Eye of the Storm
Disappointment flowed from the Eurogroup meeting on Monday of last week (May 22nd), when there was high expectation that an agreement with the International Monetary Fund would finally be reached on the issue of the Greek debt relief. After lengthy and painful negotiations, the meeting ended around midnight without a deal. And if so far there was no pressure to close the talks quickly to secure the next tranche, or Greece would go bankrupt, time is now coming in as a key factor, for the next tranche needs to be paid in July.
What is the problem?
The third rescue programme for Greece was agreed in the summer of 20...