Talk is not cheap for the new Greek government. But it’s unclear when new Prime Minister Alexis Tsipras will dispense with market-rattling rhetoric and get down to negotiating the promises he made during his campaign.
While Tsipras has been shaking his fist at the painful austerity measures imposed by the European Union, depositors have been pulling their money out of Greek banks, selling their stocks and demanding higher interest rates for loans to the government.
Now, as the new Greek officials meet with European Union leadership for the first time, they have the chance to make a compromise that will reassure markets …read more
Source: Foreign Policy
