ASSESSMENTS
Explaining Greece's Financial Disarray
Mar 22, 2015 | 13:01 GMT
(LOUISA GOULIAMAKI/AFP/Getty Images)
Summary
Editor's Note: As Greece attempts to deal with multiple pressing concerns, from its worsening financial situation to political and social unrest, Stratfor Europe analyst Adriano Bosoni examines the various issues at stake in a question-and-answer format.
Greece promised its lenders on March 19 that it would present a comprehensive list of economic reforms in the coming weeks. The Greek government is dealing with liquidity problems and needs the Eurogroup to disburse the final tranche of its bailout program — roughly 7 billion euros ($7.6 billion) — as fast as possible. Athens is also dealing with the threat of a run on Greek banks, which increased after the head of the Eurogroup suggested that Athens may need to introduce capital controls. On top of its financial problems, the Greek government is also dealing with dissent in the ruling Syriza party.
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