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> Economy

CNN Money: Drama continues as Greece still far from safe

American financial webpage citing top European economist stressing that crisis in nowhere near the end "Hold this sigh of relief, as Greece is not safe yet"

Newsroom March 5 11:14

With the above statement the US financial webpage comments on latest statements by Mario Draghi, while citing a top European banker, who warns that the crisis in Greece is not even near the end.
According to CNN Money, Greece depends entirely on international support while its creditors’ are not impressed at all”.
Furthermore the webpage supports that Greece stopped making headlines, once the EU and the IMF agreed on the four month extension, while in return, Greece promised to pay its debts on time and to submit a list of reforms by the end of April.
However, according to CNN Money, only small progress has been made so far on reforms, while Greek FinMin Yianis Varoufakis “promises to continue fighting against austerity”.
Furthermore, the site makes reference to statements of Draghi, including the one saying that “if Greece wants to have access to EU money in the future it must remain committed to the reform program.”

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