The Trail of the Troika
A must-see documentary to understand the situation in Greece
Video
The European Union and International Monetary Fund have lent more
than 400 billion Euros to Greece, Portugal, Ireland and Cyprus to
keep these countries solvent. The lenders granted enormous power to
the three institutions of the so called troika: the IMF, the
European Central Bank and the European Commission.
Without any public accountability, the troika is forcing the crisis
states to implement policies that are tearing the social fabric of
their countries apart.
German journalist and best-selling author Harald Schumann travelled
to Athens, Lisbon, Dublin, Nicosia, Brussels, Washington, New York
and London, in order to find out who has actually benefited from
austerity measures. He puts this question to ministers,
parliamentarians, economists, bankers, doctors and also to the
victims of these policies, the unemployed and the ill. Among the
many people we meet are Nobel Prize winner Paul Krugman, IMF
Director Paulo Batista and Yanis Varoufakis, the newly elected Greek
finance minister.
Schumann’s revelations are often devastating and
shocking. Given the negotiations currently taking place between the
newly elected Greek government and their European partners, this
film is of great political and economic relevance.
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