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Trichet. The troika process is so foggy that no one takes the blame if things go wrong (Photo: consilium.europa.eu)

EUobserved

Remorseless troikas

by EUobserver, Brussels,

“The parliament, the place where the heart of Europe beats:” Such mindless flattery never heralds a frank exchange.

And so it was with Jean-Claude Trichet, the former ECB chief asked to appear before MEPs to give an account of the troika’s activities in bailout countries. He was certainly not taking any blame for troika fumbling.

Neither was Olli Rehn, economic affairs commissioner. In fact he followed the same template. Blame so...

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Trichet. The troika process is so foggy that no one takes the blame if things go wrong (Photo: consilium.europa.eu)

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