2015-07-28 08:30:00

Creditor ‘Quartet’ gets to work in Athens


(Vatican Radio)  Until now it was known as the infamous Troika.  Now it’s called the Quartet.  That’s the term the Greeks are giving to four officials of Greece’s creditors expected to arrive in Athens this week to check on the progress of reforms.

Listen to the report from John Carr in Athens:

   This morning an advance party was scheduled to call on the economic ministries here in Athens to start work.  The Quartet is made up of the old Troika – that is, the International Monetary Fund, European Central Bank and European Commission – plus someone from the European Stability Mechanism that’s also bailing out Greece.

   The Quartet’s arrival is an embarrassment to the leftwing government of Prime Minister Alexis Tsipras.  He was elected six months ago on the express pledge to have no more such humiliating inspections.  So the government is dreading the inevitable moment this week when the television cameras will be on hand as the officials stride in and out of the ministries – again.

   The cameras, of course, have already been at work around the Hilton Hotel here in Athens, where the police guard has been beefed up for the Quartet’s imminent arrival.  Which is one more humiliation that Tsipras will apparently have to swallow to stay in the eurozon

 








All the contents on this site are copyrighted ©.