Greek bailout woes back to haunt leaders

Article reports that once again, over-optimistic assumptions on Greece’s ability to return to economic growth, sell off state assets, implement wrenching economic reforms and tap into the private debt markets during 2012 meant preparing the way for a political train wreck between Athens and its international lenders in the Troika in the autumn of 2012.

ESO: Key source: The Greek Debt Crisis http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/

ESO: Background information: Greece unveils painful draft budget http://www.europeansources.info/record/greece-unveils-painful-draft-budget/

Kathimerini, 11.10.12: Government mulls ways to cover gap if extension is granted http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_11/10/2012_465759

Kathimerini, 12.10.12: Greece set to adopt 9bln euros in austerity measures next year http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_12/10/2012_465799

BBC News, 12.10.12: MF's Christine Lagarde backs more time for Greece http://www.bbc.co.uk/news/business-19922108

Kathimerini, 15.10.12: No troika deal before EU summit http://ekathimerini.com/4dcgi/_w_articles_wsite1_1_15/10/2012_466140

---