OPINION

Don't start celebrating Greece's bailout exit just yet

News, Paul Wallace, Published on 22/08/2018

» For once Europe has an exit to celebrate rather than dread. On Monday, more than eight years after its first euro zone bailout, Greece left its third financial rescue programme. This is a welcome Grexit, but before popping open the champagne it's important to remember that Athens remains in thrall to its European creditors, who have failed to put the Greek economy on a sustainable footing.