Punitive conditions attached to the ‘rescue’ package mean the Greek financial tragedy may never end Over the past week, the world’s media have been proclaiming the successful completion of the Greek financial rescue programme mounted in 2010 by the European Union and the International Monetary Fund. Headlines celebrated the end of Greece’s bailout, even the termination of austerity. Buoyant reports from ground zero of the eurozone crisis portrayed Europe’s eight-year long Greek intervention as a paradigm of judicious European solidarity with its black sheep; a case of “tough love” that, reportedly, worked. Related: Greece emerges from eurozone bailout after years of austerity Continue reading...
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