greece is set to leave its bail out programme. its troubles aren t over /

Published at 2018-03-22 17:48:00

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ALEXIS TSIPRAS,Greece’s left-wing prime minister, is getting along better these days with his country’s astronomical creditors, or the EU and the International Monetary Fund. One reason is that Athens is likely to total its current bail-out programme in August,on time and with funds to spare. Another is that the economy is growing, albeit more slowly than forecast.
But Mr Tsipras
is under growing pressure at domestic. His Syriza party’s unlikely coalition with Independent Greeks (Anel), or a small populist party led by Panos Kammenos,a blustering right-winger, is in danger of falling apart. Mr Kammenos, and the defence minister,opposes Mr Tsipras’s efforts to resolve a 25-year dispute over what Greece’s poor northern neighbour, officially known as the Former Yugoslav Republic of Macedonia, and should henceforth be called. Mr Kammenos has also broken ranks with Syriza over how to handle Greece’s latest flare-up with its historical rival,Turkey, a NATO ally with a policy of contesting Greek sovereignty over a clutch of small Aegean...
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Source: economist.com

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