Greek vote a big step but debt crisis lives on: analysts

EUbusiness, 13.01.2012

Quotes

Link to original article


A deal to save Greece from default, boosted by a vote in Athens agreeing more austerity, marks a turning point in the debt crisis, but the outcome is far from clear, analysts warn.

Four months after eurozone leaders pledged to ring-fence Greece's finances, public and private partners at home and abroad look finally to have opted to keep the eurozone intact, almost two years after a first, failed bailout attempt.

The new rescue package, due to be endorsed by eurozone finance ministers on Wednesday, effectively "closes one crisis chapter, although the crisis is by no means be overcome," Janis Emmanouilidis, the senior analyst with leading Brussels think tank, the European Policy Centre, told AFP.

"Only time will tell whether Greek debt will in the end reach sustainable levels and whether the country will be able to push the 'restart' button," he said, citing "a danger that governments might become complacent, after the crisis has moved from 'hot' to 'cold'." […]

For the original article see here.


Latest media contributions

Von der Leyen hat sich viel vorgenommen
Quotes, Die Welt, 02.12.2019

Krisenmanagement auf hohem Niveau: Jean-Claude Junckers Bilanz an der Spitze der Europäischen Kommission
Quotes, Luxemburger Wort, 30.11.2019

Neue EU-Kommission nimmt Arbeit auf
Quotes/Interview, ORF ZIB 2, 27.11.2019

EU-Kommissionspräsidentin Ursula von der Leyen legt los
Interview, SRF Tagesschau, 27.11.2019

Was von der Ära Juncker in Erinnerung bleibt
Quotes, Tagesanzeiger (CH), 20.11.2019

Η συμφωνία των Πρεσπών και η «υποχώρηση» του Βερολίνου
Quotes, Kathimerini (GR), 29.10.2019

Wahl in Polen: Klarer Sieg für PiS
Quotes, Frankfurter Rundschau, 14.10.2019

Große Koalition in Brüssel?
Quotes, WDR 5 – Politikum, 07.10.2019

Vestager in Doppelrolle: Trump dürfte sein Feindbild weiter pflegen können
Quotes, Handelsblatt, 12.09.2019

Nowa szefowa KE krytykowana za nazwę teki komisarza ds. migracji
Quotes, Polskie Radio, 12.09.2019


Media