Greece will need further aid, in addition to the 230 billion already allocated by the EU, the ECB and the IMF. This is it, according to Bloomberg, the response of the Troika, for which Athens will have to resort to new programs for 14 billion in 2014, and 17,6 billion for the following two years. The end of the tunnel, therefore, still appears far away, so much so that, according to rumors from the German weekly Die Welt, the Troika is on the verge of asking the Eurogroup to grant Greece a two-year derogation to readjust the budget.
In fact, it has become grafted into the Greek economy the fatal austerity-recession vicious circle, which diluted the effects of the 76 billion financial measures launched by Parliament, and the GDP of Athens is destined to collapse again, while unemployment and the debt/GDP ratio fly by. The only recipe for the Troika is to grant Greece more time and more money, a hypothesis, however, which will have to overcome the obstacle represented by the creditor countries, and in particular by the German government, especially now that the elections of autumn 2013 looming ever more looming on the horizon.
