Ta Nea, 29 November 2010
"The Greek government will be able to take a breather" notes the Ta Nea editorial. Headlining with "Ireland has saved us," the Athens daily explains that "having agreed on 85 billion euros for Ireland, the Europeans and the IMF wanted to reinforce the credibility of the European Stability Mechanism with regard to Greece, which will now be given more time to pay for its bailout". Five years instead of 11 years as previously planned. However, the Ta Nea remarks that the downside will be a prolongation of austerity measures and further suffering for the Greek population.
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