Eurogroup leaves Tsipras with difficult but not impossible deal to sell at home

PoliticsGreek Politics Tags: European Union, SYRIZA
Photo by MacroPolis
Photo by MacroPolis

Finance Minister Yanis Varoufakis walked away from Friday’s Eurogroup with the promise of a four-month extension of Greece’s loan agreement, which has some concessions for the coalition but overall is a deal that he and Prime Minister Alexis Tsipras might find difficult to sell domestically.

There are clearly several painful points for the SYRIZA-led coalition to accept, which includes continued monitoring by the troika (although they will be called “the institutions”), having to hand back the 11.5 billion euros left in the bank recapitalis...

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