Greece: Six-month break from austerity

Six-month break from austerity: Troika will not impose further measures over coming months but expects commitments to be met

The aim of the troika is to give the Greek government a chance to implement a raft of measures and structural reforms committed to in exchange for continued rescue funding, while also attempting to ensure that Greece and its debt problems do not become a pre-election issue in Germany, which is gearing up for polls in September, sources have indicated.