Quadriga - Greek deal – New start for Europe?

The dreaded Grexit, a Greek exit from the Euro zone, has been avoided. But Greece is having to pay a high price in the form of even harsher conditions for a new bail-out. Greece is required to quasi relinquish aspects of sovereignty in some key areas. Prime Minister Alexis Tsipras says he was forced into a bad deal.

With the new deal done is it time for a fundamental reform of the Eurozone? Or has the Euro project been irreparably damaged by the months of bitter wrangling?

Have your say: quadriga[at]dw.com

Our guests:

Faye Karaviti - is the Berlin Correspondent for the Athens News Agency, Real News Media Group and Greece’s Alpha TV. She says: "The Greek case has proven that Europe can achieve compromises but is not yet mature enough for self-criticism."

Alan Posener - German-British author and commentator for the daily newspaper DIE WELT. He says: “A new start in Europe would mean scrapping the Euro. Unfortunately, Europe's elites have become addicted to it.”

Ursula Weidenfeld - is one of Germany's best-known economics journalists; she has served in senior editorial positions for many leading business publications. She says: "Greek Rescue means muddling along at any cost.“