Greece, Creditors Are Friends Again

For now...

About the size of it.

The European Commission is very pleased by the haste with which Greece and Alexis Tsipras completed their capitulation.

Parliament voted to accept a second set of economic overhauls demanded by its international creditors as a precondition to start talks over a third bailout package of up to €86 billion. The institutions overseeing Greece’s bailout found that lawmakers had approved the required measures “in a timely and overall satisfactory matter,” a spokeswoman for the European Commission said.

Greece’s Creditors Welcome Passage of New Austerity Measures [WSJ]