Tuesday 13 November 2012

Surprise, surprise - The "troika" gives a "positive" report on Greece

Luxembourg's Juncker - a leading supporter of the "joka"

The "troika" had delivered a "positive" report on Greece. Now it's once again time to start throwing taxpayers' money at the unfortunate Greeks. But the Greek tragedy continues, and everybody knows that the politicians in charge of the European Union are only buying time. The actors playing the part of the "troika" are more and more looking like clowns. Maybe it is time to rename them: How about calling the group the "joka"? 

The inspectors of the troika, made up of the European Commission, the European Central Bank and the International Monetary Fund, have finally presented their report on Greece. The head of the Euro Group of euro zone finance ministers, Jean-Claude Juncker, said it was "positive."

Arriving in Brussels for Euro Group talks later in the day, Juncker said the ministers received the report on Sunday night and that it "is positive in its fundamental tone because the Greeks really delivered. Now it is for us to deliver." He said the ministers would check the report in detail and that he couldn't give a final verdict on it because he was still reading it.

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