The EU's economic chief,

The EU's economic chief, stated this morning that Europe needs the combined expertise of the International Monetary Fund, the European Central Bank and the European Commission to manage the debt crisis in the euro zone, thereby rejects suggestions the dissolution of the troika. Olli Rehn, EU Economic Affairs. Olli Rehn, EU Economic Affairs. "The troika was formed on the initiative of the member states of the euro area in 2010 as a key element of our response to the crisis faced by Greece," said the Commissioner of Economic and Monetary Affairs of the European Union, Olli Rehn. "None of these situations is easy," he said, referring to the bailout programs for Greece, Portugal, Ireland and Cyprus that the troika is now monitored. "But what gives greater importance is that we can extract the combined and complementary expertise of three institutions". This week, the curator of EU Justice Commissioner Viviane Reding called for the dissolution of the troika on the grounds that it had completed its course and Europe does not need the IMF to solve their problems. Rehn said teams from the three agencies worked well together, "often in the most challenging situations." Any reconsideration of how trokia operates only good for the future. "Of course we should explore ways to improve governance of the eurozone, including crisis management mechanisms," he said. "That will be the time and context for discussion if we keep and how the model of the troika," he added.

Olli Rehn rejects a possible dissolution of the troika, macroeconomic data, economics and politics - Expansión.com