Greek Deal - It’ll be a miracle if this deal holds more than a few months.

This Greek deal is a bad joke
By Iain Martin

• The terms of the Greek deal which emerged this morning are absurd, writes CapX Editor Iain Martin. 
• In exchange for a further bailout, 50bn Euros of Greek government assets will be privatised. 
• Do these assets even exist? 
• Is anyone going to buy them even if they do?
• If so, expect populist anger about Greece being flogged off cheap in a German-run auction. 
• It’ll be a miracle if this deal holds more than a few months.

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