Thursday, May 10, 2012

Troika cannot hold back full Greek payment as most is due to the ECB

The opening paragraph in Open Europe's daily press briefing today makes amusing reading, see here, makes wry reading as it points out the Troika will withold €1 Billion of the payment. Why not all one must wonder, as the country has no government, read on and you will siscover that 3.3 of the 5.2 payment must go to the ECB!

No doubt the other unmentioned €900,000,000 is also destined for other clients and/or dependents of the Troika!!

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