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Tag Archives: Troika

February goes, the Troika comes…

Representatives of Greece’s creditors returned to Athens and they resume talks in an effort to reach an agreement on technical level (staff level agreement) and conclude the second review in no longer than two weeks. According to Athens News Agency, the European side but also the International Monetary Fund consider …

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Creditors’ new combo “The Troika Four” started inspections in Athens

I have been wondering whether the new Troika which is a Quartet should be called “The Creditors’ Quartet” or “The Troika Four” or just “Greece’s creditors”. The new combo of representatives from European Commission, International Monetary Fund, European Central Bank and European Stability Mechanism definitely news a new short description, …

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7 out of 10 Greeks support Tsipras’ confrontation with Troika

Seven out of ten Greeks support Prime Minister Alexis Tsipras the way he deals with the country’s lenders, the Troika. According to a poll conducted by the University of Macedonia, the majority of the respondents believe that the PM is determined to implement his pre-elections commitments and that the Greece-Troika …

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UPD Juncker, Moscovici, Berlin signal to scrap the Troika

European Commission President Jean-Claude Juncker and EU Commissioner for Economic and Financial Affairs Pierre Moscovici signaled that they want to scrap the Troika, the representatives of International Monetary Fund, The European Union and the European Central Bank, dealing with the Greek bailout programs, the austerity time table and the so-called …

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Varoufakis adamant in Paris; French FinMin Sapin did not freak out (lol)

Greek Finance Minister Yanis Varoufakis met his French counterpart Michel Sapin in Paris. After the bilateral talks, the two men held a joint press conference. The Greek was adamant in his positions: he said that:  a new debt deal was needed within months and reiterated that he would not negotiate …

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Eurogroup warns: No debt forgiveness for Greece; Dijsselbloem in Athens

The eurozone has ruled out debt forgiveness for Greece and warned Alexis Tsipras that his anti-austerity coalition government must honor all past agreements with international creditors. In a meeting of eurozone finance ministers in Brussels on Monday, a day after left-wing SYRIZA won the parliamentary elections, the euro bosses warned …

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Paul Krugman: Ending Greece’s Nightmare

Hardly has been announced that SYRIZA won the elections and several internet trolls started their poisonous work, also here in this blog.  Trolls came out of their caves and rub their hands full of glee and sardonic smiles as their venomous saliva running down their jaws. They set up their clock …

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Troika-Greece: one way street ending in deadlock, anyway…

Two days ago, I posted a question: why the EU-partners did not support Samaras coalition government. Today Reuters comes to confirm my suspicion. That the EU-partners together with the International Monetary Fund literally pulled the carpet under Samaras’ feet by asking more austerity measures: “IMF and EU officials insisted on …

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Question here: Why didn’t EU-partners support Samaras?

The whole world is against a SYRIZA-led government. The Greek and international mainstream media, the EU-partners, the Draghis, the Junckers and the Lagardes, they all warn SYRIZA it has to stick to the commitments signed by Nea Dimokratia and PASOK coalition, the Papademos and the Papandreou governments. Day in, day …

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