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Greece, Creditors Are Friends Again

For now...
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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]


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