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Monday, June 10, 2013

Analysis: Euro bailout Troika nears end of road with patchy record

A picture illustration taken with the multiple exposure function of the camera shows a one Euro coin and a map of EuropeBy Paul Taylor PARIS (Reuters) - If the Troika that handles bailouts of distressed euro zone countries were a soccer team, it would probably be looking for a new manager after achieving a track record of one win, one loss and one draw. The uneasy trio of European Commission, International Monetary Fund and European Central Bank was assembled in haste in March 2010 after Greece's public debt and deficit exploded and it was about to lose access to market funding. ...



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