Greece on February 20 agreed with the European Union to extend the aid program for four months. The agreement, which was reached after weeks of intense negotiations, means that Greece will not default and leave the Eurozone.

In exchange for support from Europe, Greece should continue structural reforms in the country. The problem is that the new Greek government is on the left and is abandoning the austerity policies that Europe is prescribing.

The terms of the reforms that Greece will have to carry out in exchange for aid will be discussed by politicians on February 23. According to the BBC, because of these negotiations, which could again aggravate the contradictions between the EU and the Greek government, the collapse of Greece is delayed not by four months, but by two days.

The agreement saves Greece from a possible default and exit from the Eurozone, but, unfortunately, only if Greece agrees on reforms with its creditors.

Quartz

In 2008, after the start of the global financial crisis, Greece was on the verge of default. European creditors began bailing her out, and in exchange they demanded a policy of austerity that proved highly unpopular with the population.
In January 2015, the Syriza party, whose representatives are called Eurosceptics, won the elections in Greece. Minister of Finance . appointed Janis Varoufakis, who worked as an economist at the Valve game development corporation and was responsible for the economy in games (Dota 2, Team Fortress 2 and in general on Steam), was

Greece agreed with Europe to extend the assistance program