Australians Predict Agreement Between Greece and EU

After week-long coverage of Greece’s political and financial situation in the post-election era, Australian media is estimating that Greece will eventually come to an agreement with the European Union.

The Weekend Australian published an article by Henry Ergas where the journalist states that Greece and the EU will eventually reach an agreement that may not be completely satisfying for either party. Furthermore, the article notes: “While Greece’s reforms are certainly incomplete, they do not compare unfavorably to France’s or Italy’s, giving it a plausible claim to equal treatment.”

The Australian newspaper Sunday Age focused on the Greek Finance Minister Yianis Varoufakis’ meeting with Eurogroup representative Jeroen Dijsselbloem noting that “Greece says it will not co-operate with troika or seek aid extension.”

Finally, the Australian Financial Review published an article entitled “Greek tragedy returns to Eurozone stage,” while ABC and SBS focused on Angela Merkel’s statements were she refused to even consider a Greek debt haircut.

See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!