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Europe
Eurozone Agrees Greece Loan Extension
2015-02-21
[An Nahar] Greece will prioritize EU-acceptable reforms, a government source said Friday after eurozone finance ministers granted Athens a four-month loan extension.
And then it will start all over again.
"The new Greek government will present its batch of reforms for the next intermediate phase, giving priority to those that constitute common ground such as combating tax evasion, corruption, restructuring public administration and dealing with the humanitarian crisis," the source said.

"The Greek government will calmly proceed with its government work, with Greek society on its side, and will continue negotiations until the final deal in the summer," it said.
Posted by:Fred

#2  Germany doesn't have a plan or acceptable stand on principle so they will procrastinate for four months. Think Iran Nuke Talks Lite. Total Delay = (4 months) ^N. Greeks will avoid paying the loans. EU banks get stiffed. Greece gets more handouts, goes totally bankrupt, or O sneakily slips them some cash.
Posted by: Alaska Paul   2015-02-21 11:28  

#1  Somebody evidently yelled "Achtung! Silence!" at the Germans.
Posted by: ed in texas   2015-02-21 10:23  

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