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Grexit averted for now, but Greece faces political woes

At a time when the need for political stability is paramount to promote economic recovery in the country, government infighting may prevent this from happening.

The pressure on the Syriza government remains immense, on the political and economic fronts, and Greece is into its most critical period since at least 1974.

IN A remarkable turn of events, Greece reached a deal on Monday with eurozone leaders on a new financial package, its third such bailout. The deal is extraordinary in several respects, not least because Greek Prime Minister Alexis Tsipras has signed up to an agreement that is, in numerous ways,...

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