Greece exits its third bailout – but eurozone still has much to learn from the crisis

After nine years of unprecedented peacetime economic hardship, Greece exits its IMF bailout programme ending a series of three bailouts organised by the so-called troika of the IMF, European Central Bank and European Commission, writes Dimitrios Syrrakos.
Greece exits its third bailout – but eurozone still has much to learn from the crisis

After nine years of unprecedented peacetime economic hardship, Greece exits its IMF bailout programme ending a series of three bailouts organised by the so-called troika of the IMF, European Central Bank and European Commission, writes Dimitrios Syrrakos.

A total of €336 billion was lent to Greece in the wake of the financial crisis, to stop it defaulting on its national debt, with approximately €300 billion used so far.

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