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EU parliament: MEPs want the Troika to be dismantled, but there is disagreement on the timeframe (Photo: Luc Mercelis)

MEPs accuse troika of causing 'social tsunami'

The troika caused social devastation by forcing eurozone crisis countries to ignore social and welfare standards, MEPs have said.

Deputies on the European Parliament's employment committee backed a report by Spanish centre-left MEP Alejandro Cercas by 27 votes to seven on Thursday (13 February), which accuses governments of ignoring the European Social Charter and employment conventions set out by the International Labour organisation (ILO).

Speaking with reporters following the v...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

EU parliament: MEPs want the Troika to be dismantled, but there is disagreement on the timeframe (Photo: Luc Mercelis)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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