In the context of the Eurozone, the trio of the European Commission, the European Central Bank, and the International Monetary Fund. These three worked together, especially on the rescue plans for Greece and Cyprus, and drew up corresponding restructuring plans. The Troika was therefore also known as the rescue manager. – In the process, it became clear that the EU Commission was not so much relying on economic rationality as on the broadest possible consensus in the debtor countries. – The ECB’s involvement in the negotiations to avert sovereign default was widely criticized. Many see this as a fatal error in regulatory policy, because the central bank is taking over the tasks of the government and fiscal policy. According to its statutes, the International Monetary Fund is not there to support developed countries in the euro zone. The EU Commission is a highly political authority whose negotiators are often under pressure from the countries they are supposed to control. This has been clearly demonstrated on occasion with the Stability and Growth Pact. – See ECB sin case, Greek crisis, bailout Europeans, treaty compliance, Cyprus crisis.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/
Passende Formel
Return on Investment (ROI)
Die Verzinsung des insgesamt eingesetzten Kapitals messen.
Variablen: Gewinn Periodenergebnis; Gesamtkapital durchschnittlich eingesetztes Kapital.
Anwendung: Für Unternehmensvergleich, Investitionskontrolle und DuPont-Analyse.