Debt relief gift for Greece and Italy's political merry-go round resumes

By Euronews

Published on 07/12/2016 - 18:34

Euro zone finance ministers have agreed to give Greece short-term debt relief but what price, if any, will Athens have to pay the price in the long-term by way of austerity…

Euro zone finance ministers have agreed to give Greece short-term debt relief but what price, if any, will Athens have to pay the price in the long-term by way of austerity measures? We take a closer look at the proposed measures to see how Greece’s debt will be reduced.

It has also been a tumultuous week in Italy as Matteo Renzi resigned as prime minister after losing a vote on constitutional reform. This week’s Business Line examines the road ahead for Athens and Rome