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A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Thu Feb 26th, 2015 at 05:46:15 AM EST
The first important point that caught my eye:

The juicy interview of Greek Finance Minister, Yanis Varoufakis - The Greek Analyst

There is today a schism in what was previously the TROIKA. There is the Commission - and this is my take on the matter - that has decided that it will play the role of the monitoring of the Greek crisis.

Hatzinikolaou: So, you are telling me that the government will be talking institutionally with these bodies, and these three institutions will be talking with our own corresponding technical groups? Employees will be talking with employees, and politicians with politicians? Is this the meaning [behind the change]?

Varoufakis: And even besides that, something more important. We will be talking with the European Commission. The EC can coordinate with the ECB if it wants, and with the IMF.

So Moscovici et al will be tasked with the review? Not all three institutions?

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Thu Feb 26th, 2015 at 06:00:05 AM EST
[ Parent ]
My takeaways :

TIFKAT (The Institutions Formerly Known As Troika)

the primary surpluses, which if they remain at 3% or 4.5%, even the herrings will cry for us, since not even 1 euro will remain for social policy.


It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Thu Feb 26th, 2015 at 08:30:19 AM EST
[ Parent ]
Those are by the interviewer.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Thu Feb 26th, 2015 at 08:32:30 AM EST
[ Parent ]

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