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Troika returns to Athens as Tsipras submits to demands

Greek PM is racing to complete negotiations on 3rd bailout in 5 years

Published Fri, Jul 24, 2015 · 09:50 PM

Athens

THE troika is back.

Six months after former Finance Minister Yanis Varoufakis gave them the boot, Greece's three main official creditors are sending representatives back to Athens within days, the European Commission said on Friday.

Their acceptance draws a line under the antagonism the Syriza government displayed in the afterglow of its election victory as Prime Minister Alexis Tsipras recognises the pain required to save his country from economic calamity.

After tapping a seven billion-euro (S$10.5 …

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