Economics
Greece’s Road to Bailout Exit: 140 Reforms Down, Many More to Go
- Country has a slew of measures still to implement through 2018
- The political and social cost of implementing changes is huge
Hans Humes, Krishna Memani See Opportunity in Greece
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Greece’s hard times aren’t over.
A return to the bond market last week, the pledge of 8.5 billion euros ($9.5 billion) in new loans from euro-area creditors, the possibility of more money from the International Monetary Fund and a S&P Global Ratings outlook upgrade have coalesced to bolster investor sentiment that Greece has turned a corner.