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Greece: It’s a bird. It’s a plane...

It’s a bird. It’s a plane... – Rodrigo
Expresso (Lisbon)

This is a job for Superbailout... Number 3!

The idea of a third bailout for Greece seems even more likely since the issue was raised by German Finance Minister Wolfgang Schäuble last week.

Meanwhile, Greek Finance Minister Yannis Stournaras, is seeking to reassure the international community that if the country needed a third aid bailout, it would amount to only €10bn. However, the question again raises the possiblity of another restructuring of Greek debt and the consequential cost to Europe and private investors.