A Deal for Greece


A woman walks past graffiti reading 'IMF Go Home, Cut the Debt', in central Athens, Greece, 24 June 2015.

The Creditors are aware that if there is no agreement, Europe and the world economy might enter into “unchartered waters” with no measurable consequences

We have always maintained beyond a doubt that Greece and its Creditors would, sooner or later, reach an agreement, rather than let Greece collapse.  An agreement, however, that would exclusively serve the expediencies and the needs of the creditors, which include the European Union, the European Central Bank and the International Monetary Fund (IMF).

The Greeks, for reasons of domestic politicking, refer to the Creditors as the “Institutions” (formerly they were named the “Troika”). Since we ...

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