UK press sceptical over the end of the Greek crisis

Written by on August 21, 2018 in Europe - Comments Off on UK press sceptical over the end of the Greek crisis

The UK media are unanimous in declaring that the end of the Greek crisis exists mainly on paper, as they express their scepticism about the country’s present and future.

Although the British commentators recognise that there are some optimistic signs, such as the return to growth, the further rise in tourism and the fall in unemployment, they note that the heavy public debt load, the obligation to achieve high primary surpluses for years to come and non-performing loans are huge challenges. The also particularly stress that things are still hard for the majority of Greeks in their everyday lives.

The Times reports from Athens that while the austerity marathon is over, “the pain goes on and on.”

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(Photo: Theophilos Papadopoulos/flickr.com)

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