Relevant:
- Eurozone hails 'breakthrough' with Greece, IMF debt deal
- EU aims to lure Greek deposits back to banks by ruling out bail-in
- Periphery bond yields drop as Greece softens stance on bailout deal
- Greece and lenders strike upbeat tone, deal seen on bailout
- Meaningless Greek "Deal" Supposedly Reached; Deal Won't Hold
2017-02-12 — reuters.com
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The European and IMF lenders want Greece to make 1.8 billion euros - or 1 percent of GDP - worth of new reforms by 2018 and another 1.8 billion euros after then and the measures would be focused on broadening the tax base and on pension cutbacks.
Note this isn't a new bailout deal -- just a deal to continue the deal that was already last agreed to. We suspect it won't be the last deal to continue a deal, or even deal to replace a deal...
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