Ancient Agora Museum Athens Dave Anteh/Flickr

Greece’s Imperfect Imperative

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.

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