In the Guardian, Heather Stewarts reports about the contents of the memorandum of understanding that the Greek government and its creditors have agreed on. It contains four pillars:

• Fiscal sustainability, including pension reform and social welfare review;
• Financial stability, including bank recapitalization;
• Growth, competitiveness, investment, including liberalization of consumer markets, labor markets and professions;
• Modern state and administration, including judicial reform and anti corruption measures.