Monthly Archives: August 2015

Greece’s third memorandum of understanding: the last robbery before the Grexit?

Matteo Barberi, 24 August 2015

matteoThe Greek dispute remains the main topic of the European and non-European talks and discussions. This blog does not represent an exception with several articles focusing on Greece published over the last weeks. In the last article the author Leo Hoffman-Axthelm was asking himself if we were risking the European project for a few billion euros.

More than a month after an answer arrived. On the 14th of August European and Greeks authorities agreed on a three-year ESM stability support programme for Greece up to 86 billion euros; a third bail out as the press is referring to it. Continue reading