World

The European emergency aid saves Greece from bankruptcy

Alexis Tsipras pendant la séance de la Vouli, à Athènes, mercredi.
Alexis Tsipras during the session of the Vouli, Athens on Wednesday Photo credit:. ARIS MESSINIS / AFP

Alexis Tsipras has signed the lease that keeps the country in the common currency at the cost of enormous sacrifices.

End of prologue. Greece will receive by Monday a European check of 7.16 billion to settle its due in extremis to the ECB and its arrears to the IMF. Bankruptcy away the Grexit spectrum departs. Alexis Tsipras signed the lease that keeps the country in the common currency at the cost of enormous sacrifices. His peers at the highest level, have promised him a third and generous financial aid.

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