Troika (European Commission, International Monetary Fund, European Central Bank)

Troika refers to the three main organizations—European Commission, International Monetary Fund (IMF), and European Central Bank (ECB)—that work together to support countries in financial crisis within the Eurozone. When a country faces economic instability and seeks aid, these institutions collaborate to provide funding and implement reforms aimed at stabilizing and restoring economic growth. Each has a specific role: the European Commission evaluates and recommends policy measures, the IMF offers financial assistance and expertise, and the ECB manages monetary policy and offers liquidity. Their combined efforts help countries regain financial stability and return to sustainable growth.