Bye-bye Troika… Hello Brussels Group!!!

A new term has been added in the long list of code names used in the negotiations between Greece and its international creditors, after the recent replacement of “Troika” by the “Institutions.”

According to government sources, the technical teams comprising officials from the EC, ECB, IMF, ESM/EFSM and Greece that will meet in Brussels with the purpose of finding a mutually satisfying solution will be called Brussels Group (BG).

The same unnamed sources revealed that the Brussels Group will have the authority to send technical advisers to Greece in order to hold talks with same rank officials.