Lazard-H Troika made them all wrong in Greece!
The imposition of austerity by the troika in Greece were completely wrong told French radio the head of the investment bank Lazard, Matthew Pingu.
"I think the policies adopted by the troika is wrong and have thrown the wall in Greece and perhaps shed and Europe in the wall," he said.
"Yes, I think that the troika had it all wrong," he said.
He reiterated that it is inevitable restructuring of Greek debt and that the total debt of the country will be reduced by about 100 billion. Euro in order to be able to return to "acceptable" levels.
The Lazard is a consultant of the new Greek government debt restructuring, while he was an adviser in the negotiations on the PSI.
"I think the policies adopted by the troika is wrong and have thrown the wall in Greece and perhaps shed and Europe in the wall," he said.
"Yes, I think that the troika had it all wrong," he said.
He reiterated that it is inevitable restructuring of Greek debt and that the total debt of the country will be reduced by about 100 billion. Euro in order to be able to return to "acceptable" levels.
The Lazard is a consultant of the new Greek government debt restructuring, while he was an adviser in the negotiations on the PSI.