Greekreporter notes in a revent article that MPs keep repeating that the completion of the bailout program in August will mark the end of the memoranda that caused so much suffering to the Greek people.
Nevertheless, there are those who believe that the Greek government will not be able to complete successfully all prerequisites for a clean exit from the bailout program in August. They argue that it is likely a new rescue program will replace the existing one come September.
The skepticism originates from the fact that some of the remaining prerequisites are difficult to implement. For instance, the privatization of the former Athens airport site at Hellinikon, an amendment that would make it more difficult for workers’ unions to call a strike, or the auctions of foreclosed homes are requirements that are difficult to be implemented by a populist government that came to power promising the exact opposites of the above.
During the next six-to-eight months, the Greek government and the country’s creditors have to work through thorny issues such as the above if they want to avert yet another bailout program.
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Source:greekreporter.com
