Displaying items by tag: memorandum

By Dr Nikolaos Georgikopoulos - Visiting Research Professor at NYU (Stern School of Business).

Greece is ready for a "new relationship" with international creditors in 2015, according to finance minister Gikas Hardouvelis, signalling a change of course from plans that shook markets.

The government is trapped in a policy of austerity and destruction dictated by the memorandum, SYRIZA said on Monday, adding that whatever leaks to the press about "so-called negotiations" with the troika of lenders cannot reverse the subordination of Greece to its lenders and the memorandum's commitments.