09.01.2014 - 09:18 [ europarl.europa.eu ]

MEPs incensed over Troika crisis management

(5.November 2013) MEPs laid into top European Central Bank and European Commission staff over the working methods of the ECB/Commission/IMF „Troika“ at Tuesday‘s Economic and Monetary Affairs Committee meeting. They demanded details of how Troika decisions were taken and what lessons had been learnt. They also sharply criticised the often mistaken economic forecasts behind the economic reform programmes demanded of Greece, Cyprus, Ireland and Portugal.