troika

The World Post
In recent weeks France has faced strikes and protests as the battle has come to their terrain, over a new, sweeping labor law. Among other provisions, the law would weaken workers' protections regarding overtime pay, the length of the work week, and job security.
The WorldPost
A new film takes a close look at the first few months under the country's new leader.
The WorldPost
The numbers are uncompromising.
The WorldPost
Greece has a major debt repayment scheduled for next week.
The World Post
The EU must and can settle internal deficits and surpluses, as long as these remain within the euro zone. Therefore, a better integration of economic and fiscal policies and a significant increase in economic transfers within the euro zone are needed.
The WorldPost
ATHENS, Aug 3 (Reuters) - Greece's stock market closed with heavy losses on Monday after a five-week shutdown brought on
The World Post
ATHENS -- The plan is politically toxic because the fund, though domiciled in Greece, will effectively be managed by the troika. It did not have to be this way. At a turning point in European history, our innovative alternative was thrown into the dustbin.
The World Post
The amount of debt forgiveness that Greece is able to obtain may be an indicator for how negotiations will go for the world's ecological debts in Paris.
The World Post
De Grauwe also spoke out against the tactics of creditors in an interview last week with The WorldPost, where he compared
Politics
By voting "No" with a large margin (61-39 percent), Greek voters demonstrated several important things. First, that they were not easily intimidated. Second, that despite a massive propaganda campaign by what the New York Times described as "the oligarch-dominated news organizations," they were not easily fooled.
Politics
Although the so-called troika -- the ECB, the European Commission and the International Monetary Fund -- is nominally charged
Politics
What do they really want? That's the question everyone is asking about both the Germans and the Greeks. Aspirations explicit and veiled circulate. But recent events -- negotiations, stalemate, trash talk, referendum, shutdowns -- have moved many options off the table. A thunderous "no" vote in Greece drowned out the more pointed "no" from Germany. Both these negatives were expressions not of will but of weakness. Yes, that's correct, German weakness, too. Is this something Alexis Tsipras can exploit? On such a field of increasing obstacle and impediment is where the next battle will play out. Politics is like this.
The World Post
European governments wanted so badly for the Euro and EU to be created that they looked the other way when any of them were
Business
Now that Greece has voted "no" on the latest proposal by the European Commission, the European Central Bank, and the International Monetary Fund (the so-called "troika"), will Greece stay in the eurozone? If so, Greece may save the euro.
Politics
This week, while the U.S. celebrates its independence, the world watches a modern Greek tragedy unfold as Greece votes on austere bailout terms imposed by the country's creditors. However the vote goes, one thing is clear: The austerity that came with the two previous bailouts has utterly broken the Greek economy. GDP has gone down nearly 30 percent. A quarter of the country is unemployed, including half of its young people. Pensions have been slashed. The health budget has been cut by 40 percent. Suicides are up 36 percent since 2008. The Troika has authored a new Greek myth -- that you can cut your way to growth. And now they're back, demanding more of what's already shattered the economy. The question is will they shatter the spirit of the Greek people? Just as we value our independence, so do the Greeks, who, after all, invented democracy. No matter the outcome of the vote, feeling some measure of control will help keep Greece's spirit alive.
The World Post
The pointed rhetoric has gone both ways, with Tsipras on Saturday rallying against "authoritarianism and harsh austerity