The Economist, “Temporary Relief”

In an article about the Greek bailout, the Economist quotes research results from The Euro Plus Monitor Spring 2016 Update, the latest edition of the bi-annual competitiveness ranking published by the Lisbon Council and Berenberg and includes a special focus on Greece, entitled “The Greek Tragedy”. It writes “According to the Lisbon Council, a think-tank, the six-month confrontation cost Greece more than €40 billion in lost output and revenues before Mr Tsipras capitulated, accepting harsh conditionality in return for an €86 billion bail-out.”