Category Archives: Currencies

Greece-Troika Train Wreck Shaping Up for July Despite IMF Leak

As hard as it seems to believe, the IMF is shaping up as a less bad actor in the continuing Greece austerity saga. Germany finance minister Wolfgang Schauble, by contrast, seems emboldened by Merkel’s fallen stature, which couldn’t come at a worse time for Greece.


Leaked Memo Reveals IMF (Still) Wants Out of Greece Bailout and Plots to Pressure Germany to Act

A new leak shows the IMF as the least bad actor of the Troika, which given its record as a neoliberal fist in third world countries, speaks volumes about European politics.