EU’s Debt Deal Is “Kiss of Death” for Greece
NOVANEWS
Prime Minister of Greece Alexis Tsipras (R) attends European Union Leaders' Summit in Brussels, Belgium on June 29, 2018.DURSUN AYDEMIR / ANADOLU AGENCY / GETTY IMAGES
BY: C.J. Polychroniou
Truthout
After eight long and extremely painful years of austerity due to gigantic rescue packages that were accompanied by brutal neoliberal measures, in Athens, the “leftist” government of Alexis Tsipras has announced that the era of austerity is now over thanks to the conclusion of a debt agreement with European creditors.
In the early hours of June 22, a so-called “historic” deal on debt relief was reached at a meeting of Eurozone finance ministers after it was assessed that Greece had successfully completed its European Stability Mechanism program, and that there was n...