The Trial of the Troika

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The European Union and International Monetary Fund have lent more than 400 billion euro to Greece, Ireland, Portugal, 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 Greek finance minister Yanis Varoufakis. Schumann's re