We’ll miss the troika’s drive to get things done

When the troika were inbound, I had a chat with a well-known economic commentator. He relayed the views of some of his relatives on the regime: “Jaysus, the IMF, sure they’ll be worse than the Tans.”

Well, as it turns out, the IMF were by far the lesser of three evils. By contrast with the bumbling of the commission and the fumbling of the ECB, the IMF were clearheaded and straight.

They have form in this — their raison d’être is to come in and restructure countries to return to a paying basis.