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Friday, May 29, 2015

Some blame EU Commission for Greek obstinacy in debt talks

Some euro zone countries are accusing the European Commission of giving Greece false hope of new loans for less reform effort, but they still want Brussels to find a way to keep a defiant Athens in the euro. After four months of talks with scant progress, hawkish governments privately blame Commission President Jean-Claude Juncker and Economics Commissioner Pierre Moscovici for muddying their message by playing "good cop". Some governments believe the creditors would get faster results if the institutions representing them -- the Commission, the European Central Bank and the International Monetary Fund -- presented a more united tough front.


READ THE ORIGINAL POST AT uk.news.yahoo.com