What are the prospects for Greece?

05.05.2015 / 21:23

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Greek Finance Minister Yannis Varoufakis is in office only three months, but continues to be in the "spotlight"

In the 100 days since end SIRIZA Left Party stood at the head of the state, the controversial minister hardly finds time to breathe visits, starting from Washington so come to the shores of Lake Cuomo. 54-year-old professor of economics at the University of Athens is the patron of this in Greece to stop austerity measures.

However, all of Varoufakis hopes were quickly dashed and European lenders said Greece that must comply with the terms of the rescue program and to pay these 240 billion euros.

What is the situation now?

Negotiations continue and hopes of Greece to reduce or at least to reschedule its debt remain. On the other hand Europe is firmly against this scenario. And according to analysts, if this does not happen the Greek people will turn against the ruling party, which probably will not be able to meet the promises made before the elections. One thing is clear, it will not be easy finance minister in the coming months.

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What are the prospects for Greece?

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