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Greece’s bailout nightmare is ending — but the real hard part may just be starting

“Greece’s bailout program is set to end in August of next year but doubts remain over whether the country will be able to stand on its own feet after the summer” writes -daniel Gros for cnbc.com. After implementing hundreds of new laws in exchange for financial disbursements from its 86 billion euro ($100 billion) bailout program, Athens is set to break from its international creditors in 2018.Greece has been complying with its creditors’ demands, it has avoided political crises and it is growing again.Against this backdrop, Europe will want to be rid of its longest-standing financial burden as soon as possible and it’s therefore unlikely to present any additional monetary aid after next summer.
 
Source: cnbc.com



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