So How Many More Times Are The Eu Going To Bail Out Greece?

[ToraToraTora]

http://www.bbc.co.uk/news/business-40296654
There must be a limit surely.

[jno]

the EU?

[cassa333]

10

[Old_Geezer]

You'd have thought, but it's like they're between a rock and a hard place. Are they seen to let a member state fail, or are they prepared for a Grexit at around the time of a Brexit, or do they keep pouring finance in ? It's not like Greece isn't in austerity mode, and I trust things are gradually​ improving. Maybe once we leave, the EU can write off the Greek debt and things might get moving.

[youngmafbog]

Picking hairs jno, like it or not the whole of the EU is tied to the Eurozone.

I dont know TTT, at some point they need to admit defeat and float the Greeks off to start rebuilding their economy. My guess is that this wont happen whilst Brexit is in negotiation as it could weaken their hand if countries are seen to be leaving the EU/EUR.

[Gromit]

// Eurozone ministers have struck a deal to unlock the latest tranche of Greece's bailout cash. //

This is not a new bailout. It is just the latest installment of the bailout deal struck before.