The latest deal between Greece and its creditors is far from perfect, particularly because its emphasis on fiscal targets risks undermining structural reforms. But the deal can – and must – serve as the basis for saving Greece and the eurozone.
LONDON – Greece and its creditors are now enacting a deal that provides financial support in exchange for wide-ranging reforms. Although reservations about the agreement abound, political conditions did not permit a better one. But the deal can – and must – serve as the basis for saving Greece and the eurozone.
LONDON – Greece and its creditors are now enacting a deal that provides financial support in exchange for wide-ranging reforms. Although reservations about the agreement abound, political conditions did not permit a better one. But the deal can – and must – serve as the basis for saving Greece and the eurozone.