BROOKINGS,Theodore Pelagidis: Is the latest Greek debt deal sustainable or another kick of the can?
The Eurogroup recently granted Greece relief through an extension of loans that were part of the second program of the European Financial Stability Facility and extended Greece’s most pressing loan maturities by 10 years (see Figure 1). The country was also given a 15 billion euro tranche from the 86 billion euro third program […]