"Clean exit" from the programme: A reality check

Businessfile, 01/11/2017

 The Greek government's latest narrative is a "clean exit"from the third adjustment programme when it expires in August 2018. A clean exit implies that Greece will stop relying on cheap funding from its European partners, through a fourth programme or a precautionary credit line, and rely instead on primary surpluses amd market financing to service its debts.

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