Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Greece emerged from the biggest bailout in economic history Monday after nine years of creditor-mandated austerity, with European institutions hailing the exit a success but jaded Greeks finding little reason to celebrate.Since early 2010, Greece has relied on more than 260 billion euros ($300 billion) lent by its eurozone partners and the International Monetary Fund.Shut out of bond markets after a fiscal crisis, Greece officially asked for a bailout in April 2010 from the IMF and its eurozone partners.Post-bailout, Greece has committed to demanding primary budget surpluses – excluding debt servicing outlays – of 3.5 percent of the country's annual economic output until 2022, and 2.2 percent until 2060 .
FOLLOW THIS ARTICLE