EAPN releases report on Troika (EC, IMF, ECB/WB) arrangements and their catastrophic impact on poverty and social exclusion
17/01/2014 – In the aftermath of the economic and financial crisis, several countries in Europe have found themselves locked out of borrowing on international markets, and thus obliged to accept emergency financial assistance from a Troika of external institutions – the European Commission, the International Monetary Fund, and the European central Bank (for Eurozone countries) / the World Bank (non-Eurozone countries). This report, complemented by online thematic and country annexes, gives a comprehensive view on the Troika arrangements and on their impact on poverty on poverty and social exclusion.