Cartoons

Greece: A life buoy

3 June 2011
Le Vif/L’Express Brussels

A life buoy – Nicolas Vadot

Negotiations between Greece, the EU and the European Monetary fund "concluded positively" on the 3 June, opening the way for a new tranche of financial aid dedicated since the bailout of 2010. But while Moody's has downgraded Greece's credit rating and public protests against austerity are on the rise, the benefits of the rescue plan are far from obvious.