COLUMN-Commentary: Don’t cheer Greece’s bailout exit just yet

For once Europe has an exit to celebrate
rather than dread. On Monday, more than eight years after its
first euro zone bailout, Greece left its third financial rescue
program. This is a welcome Grexit, but before popping open the
champagne it’s important to remember that Athens remains in
thrall to its European creditors, who have failed to put the
Greek economy on a sustainable footing.