Many of the painful economic reforms imposed on Greece as a condition of its international bailout were “absolutely necessary”, the country’s finance minister has acknowledged.
Athens was forced by its troika of international lenders to slash spending and liberalise the economy to access more than €250bn in financial assistance between 2010 and 2018.
The European Commission, European Central Bank and IMF were blamed by many Greeks for the hardest years of the debt crisis, when the nation was blighted by mass unemployment and political upheaval.
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