The government and the troika have been working for months now on the restructuring of the promissory note. So how did the deal announced ten days ago end up as such a hastily cobbled together stop-gap?
Two things happened. First, it became clear that an overall deal was not possible in the short term and so an interim one to delay the repayment due last weekend was put on the table. (In the event, the...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team