Mr Tsakalotos said he was optimistic that the deal would help to return Greece to fiscal health.
“It’s an important moment for Greece after so much time,” he said.
“I think that there can be some ground for optimism that this can be the beginning of turning Greece’s vicious circle of recession, measures, recession, into one where investors have a clear runway to invest in Greece and turn the corner in favour of a virtuous cycle,” he said.
Marc Ostwald, an analyst at ASM investor services, described the deal as another round of “can kicking”.
“[The deal] leaves any decision on genuine debt relief until 2018, after the French and German elections, but also not creating any precedents or short-term crises which might influenc…
Read the full article at: http://www.telegraph.co.uk/business/2016/05/25/greece-reaches-debt-relief–breakthrough—but-its-not-over-yet2/