Stay abreast of what’s happening internationally with developments in corporate public affairs. Here is news that you may find useful and interesting:
Greece emerges from Eurozone bailout programmeND
BBC News, Monday August 20 2018
For the first time in eight years, Greece is now free to borrow money on the financial markets, after successfully completing a three-year Eurozone bailout programme designed to help it cope with the fallout from its debt crisis. Greece’s freedom to manage its own economic affairs will be somewhat tempered by enhanced surveillance from the European Union’s executive, the European Commission, however. This is designed to ensure Athens does not backtrack on reforms agreed with its lenders. Eventually, the bailout loans will have to be repaid. "For a political system to have gone through these years of austerity, this depth of economic hardship, and maintained a functioning society, a functioning democracy, is testament to the robustness of Greece as a modern state. Greece has saved the euro,” said Professor Kevin Featherstone, director of the Hellenic Observatory at the London School of Economics.
For the full story see: www.bbc.com/news