Greek crisis

Greece will need much more

Published on 1 July 2015 at 10:06

According to Czech economic daily’s editor David Klimeš negotiations between the Eurozone and Greece are seemingly technical as both sides are throwing out numbers but in reality the outcome will be pure politics as no credible data on Greek economy are actually available and Greek proposals are impossible to verify and Greece will need more money it asks now.

At the moment, the bargaining between Greece and the Eurozone is purely political exercise that is not about billions but rather a political will to save Greece or let it down. Everyone knows that numbers don’t match and that Tsipras' commitments to reforms are not worth much. We are left with one certitude that has become unfortunately a tradition: Greece will need much more than it says today.

Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!

On the same topic