• Analogous with the first package (EUR 110 bln)
  • Wants to avert default, catastrophic developments (that’s a relief!)
  • Believes his deputies will have maturity to vote for medium-term plan
  • Greece has been put on a safe course
  • New aid package will not change goal on debt/deficit
  • Will do utmost to build effective tax system
  • Not enough done on taxes, spending (!)
  • Alternative to austerity is catastrophe
  • EU decision yesterday ensures Greek financing
  • Certain to get Green Light from IMF for next tranche
  • State asset sale plan ambitious
  • Each political party decides on ts own, is judged by the Greek people
  • Europeans want Greece to suceed