Trioka discord over Greece is not new and the issue of creating a sustainable debt repayment package has not changed as a major concern. As unemployment in Greece is at 24%, the highest in the European Union, and the country’s ability to realistically repay the Eurozone’s loans comes into question, various documents reveal the International Monetary Fund is considering leaving the Trioka over the Greek loan issue. The acrimony between the IMF and the Troika over Greece should not come as a surprise to informed observers, however. ValueWalk first reported on Trioka discord over unrealistic loan repayment demands The threat…
IMF, Greek & Trioka Discord Should Not Surprise Anyone
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.