MEPs pick holes in bailouts, call for new approach

14:31 26/2/2014 - Πηγή: NewPost

The troika faced an “immense challenge” in dealing with the euro crisis but the adjustment programs it helped implement in Greece and other countries lacked transparency and were not fully adapted to those states, according to a European Parliament committee, which recommended on Tuesday the International Monetary Fund’s involvement in future bailouts be “optional.”