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Greek Prime Minister Alexis Tsipras holds a tie at the end of a speech to lawmakers from his left-led governing coalition, Athens, Greece, June 22, 2018 (AP photo by Petros Giannakouris).

Alexis Tsipras Is Wearing a Tie Again, but Is Greece’s Debt Crisis Really Over?

Monday, July 2, 2018

On June 22, Greece reached an agreement with its eurozone partners to formally exit from the latest of a series of bailout programs that have provided an economic lifeline to Athens throughout its debt crisis, but at the cost of eight years of brutal austerity. To celebrate the deal, Greek Prime Minister Alexis Tsipras finally donned a tie, something he had pledged in 2015 not to do unless Greece was granted debt relief. In an email interview, Angelos Chryssogelos—a teaching fellow in politics at the Department of European and International Studies, King’s College London, and associate fellow of the Europe Program of Chatham House—and Angelos Angelou, a doctoral candidate at the European Institute of the London School of Economics, discuss the terms of latest deal and its implications for Greece’s budgetary priorities and politics.

World Politics Review: What does the latest deal between Greece and its EU partners change in terms of Greece’s public debt and budgetary constraints? What remains unchanged, and what has been left unresolved for later? ...

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