The President of the European Commission massively “trolled” Greeks today. Speaking at the European Parliament, Jean-Claude Juncker claimed that before European creditors impose austerity measures, they first check with the impact of the measures to the vulnerable groups of the society.
“Today, if a country needs to pursue an adjustment programme, we will see more transparency and more accountability.
The Commission is for instance conducting social impact assessments so that we can from the outset design measures to support the most vulnerable and ensure a fair adjustment. And we will report to this House on progress with the programme.
We are implementing these new methods in the new programme with Greece, which for the first time is done under the European Stability Mechanism, our European financial firewall.
And this is the first programme for which a full social impact assessment was published, as promised, and presented to the Committees of this Parliament.”
Oh, Juncker also surprised anyone considering The Euro as … currency, money and economics. Juncker that “The euro is a political project, and that means it requires political supervision and democratic accountability.”
OMG, the vulnerables are out there!