Business chief slams troika over bailouts

The head of the National Confederation of Commerce (ESEE), Vassilis Korkidis said on Thursday to a parliamentary committee investigating Greece’s bailouts that representatives of the troika had only spoken to the organization once since Athens signed its first bailout in 2010 and that during the discussion visiting officials suggested that Greek wages needed to drop to levels similar to other Balkan countries.

Korkidis told MPs taking part in the inquiry that International Monetary Fund official Poul Thomsen had argued that Greeks should earn around 300 euros per month.

Korkidis was also critical of how previous governments handled the bailouts.

“Some people rushed to get us involved in this ordeal, while others were in a rush to get us out,” he said.

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