Troika’s role in bailouts problematic, say MEPs


A woman hold a banner during the demonstration "Damn the Troika!" against the government austerity policies in downtown Lisbon on October 26, 2013.

ECB’s role in the Troika to be further examined by the EP

The European Parliament launches on Tuesday an inquiry into Troika’s operations in bailout countries.

As Troika returns to Greece for the continuation of the negotiations on the 2014 fiscal gap, the European Parliament launches an inquiry into the Troika’s so far work in the bailout countries. According to MEP Sven Giegold (Germany, Greens), the aim is to expose to a wider -than the crisis countries- public, Troika’s problematic function system. ECB’s role in the Troika will be one of...

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