Pages

Tuesday, July 14, 2015

Greeks digest bailout: 'a bad agreement is still better than leaving the euro'

Last-minute deal to stop the country falling out of the single currency is almost certain to bring more misery, but is welcomed with quiet relief by GreeksGreece’s financial rescue came too late to save Dimitri’s business, but the 40-year-old reserved his anger not for the man who eventually signed off on more economic pain but the creditors who dictated the brutal terms.“I’m not disappointed because the prime minister couldn’t have done anything else. Leaving the euro would have been much worse,” the cafe owner said as he prepared iced coffee for his only two customers. “I’m already closing next month. My income has fallen by half since 2010.” Related: Eurozone crisis: which countries are for or against Grexit Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com