Greece: A life buoy
3 June 2011
Le Vif/L’Express
Brussels
3 June 2011
Le Vif/L’Express
Brussels
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.