troika

Union of three organisms: European Union, European Central Bank, International Monetary Fund.

Its main function is to take economic control over countries when they find themselves in dire economic situations, especially after requesting bailout. They are in charge of supervising that the planned adjustments are being carried out correctly, to be able to reduce deficits and achieve economic equilibrium.

Multimedia

Troika wants 150 reforms in Greece - now!

Troika wants 150 reforms in Greece - now!

"Re-think the role of the troika" Portuguese president tells euronews

"Re-think the role of the troika" Portuguese president tells euronews

Noticias