The use of overly intrusive conditionality in Greece is threatening the European project

With pressure growing on Greece ahead of a scheduled IMF debt repayment, there is still no agreement between the country and its creditors on the release of further financial assistance. Harald Sander writes that one of the key problems in Greece has been the attempt by creditor states to impose an overly intrusive form of conditionality in exchange for support. He argues that the real aim of the conditions attached to assistance should be to ensure debts are repaid, not to insist on the details of reforms, and that the use of policy conditionality of the kind experienced in Greece poses a threat not just to the euro, but to the European project as a whole.