Daily Archives: December 7, 2016

Greece | Coalition perturbed by implications of decisions taken at Eurogroup

Having had an opportunity to absorb the implications of Monday’s Eurogroup in Brussels, the government’s response Tuesday to what was agreed by eurozone finance ministers appeared much more somber than a few hours earlier.

The fact that the short-term debt relief measures will stretch out until 2060 and that Greece may have to maintain primary surpluses of 3.5 percent of gross domestic product for up to 10 years after the program ends in 2018 left the coalition with much to ponder.