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Moscovici (l) reportedly caved into Dijsselbloem demands on the Greek bailout (Photo: eu2017mt/Flickr)

EU brushes off 'democratic scandal' of Greek bailout

The European Commission has defended its role in the Greek bailout despite Pierre Moscovici, the EU finance commissioner, having called the Eurogroup "a democratic scandal."

The Eurogroup is a club of eurozone states' finance ministers presided over by Dutch finance minister Jeroen Dijsselbloem but dominated in practice by his German counterpart, Wolfgang Schaeuble.

It imposed its will on Greece when the country was teetering on the verge of economic collapse and a eurozone exit i...

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

Moscovici (l) reportedly caved into Dijsselbloem demands on the Greek bailout (Photo: eu2017mt/Flickr)

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

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