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.