Monday, February 2, 2015

European Commission Plans to Do Away With ‘Troika’ of Greek Creditors

President of the European Commission Jean-Claude Juncker wants to get rid of the so-called troika of international creditors that are administering Greece's debt, Handelsblatt reports.

According to the German business newspaper, the European Commission is looking for alternative formats that could replace the troika. Handelsblatt cites government sources as saying that Germany supports the initiative.


Greece's newly-elected Finance Minister Yanis Varoufakis announced last week that the Greek government would not seek to extend the bailout program and would not cooperate with the troika, which includes the European Commission, the European Central Bank and the International Monetary Fund.

On Saturday, German Chancellor Angela Merkel said that any further debt relief for Greece is unlikely, as banks had already written off billions of the country's debt.

In 2010, the troika agreed a $146 billion bailout package for Greece to prevent a default on its large debt, and imposed strict austerity measures, as part of the country's economic adjustment program.

The left-wing Syriza party that gained victory in the latest parliamentary elections in Greece has vowed to revise Greece's highly unpopular austerity measures.

[sputniknews.com]
2/2/15
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2 comments :

  1. El presidente de la Comisión Europea, Jean-Claude Juncker, planea abolir la Troika de acreedores internacionales de Grecia (Comisión Europea, Banco Central Europeo, y FMI), según informó este el domingo el periódico alemán 'Handelsblatt' citando fuentes gubernamentales...

    Jean-Claude Juncker, según el diario alemán, pretende encontrar urgentemente una alternativa a la Troika, que ha sido objeto de dura crítica por parte del nuevo primer ministro de Grecia, Alexis Tsipras. Según el medio, el Gobierno alemán también está de acuerdo con la reforma de la Troika y rechaza además las "inspecciones humillantes" a Atenas.

    En lugar de imponer severas restricciones, los objetivos económicos frente a la situación en Grecia podrían ser más generales. Sin embargo, la Comisión Europea daría ese paso sólo después de que las autoridades griegas confirmaran su compromiso a seguir con el plan de ruta de la reforma y de la economía, dice Handelsblatt...............http://actualidad.rt.com/actualidad/165187-comision-europea-Troika-anular-grecia
    2/2/15

    ReplyDelete
  2. European Commission Plans to Find Alternative to Troika of Greek Creditors...

    President of the European Commission Jean-Claude Juncker wants to get rid of the so-called troika of international creditors that are administering Greece's debt, Handelsblatt reports.

    According to the German business newspaper, the European Commission is looking for alternative formats that could replace the troika. Handelsblatt cites government sources as saying that Germany supports the initiative.........http://sputniknews.com/europe/20150202/1017632504.html#ixzz3QZbJNgd7
    2/2/15

    ReplyDelete

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