Update on the European debt monster

Professor Costas Lapavitsas, professor of economics at SOAS, tells CNBC that he would be amazed if Greece stayed a member of the euro zone throughout 2013. Here is a direct link.

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One Response to Update on the European debt monster

  1. Attila Balazs says:

    A couple of weeks ago Greek prosecutors have issued a warrant for the arrest of one of the country’s top journalists, after his publication Hot Doc released the so-called ‘Lagarde list’ containing the names of some 2,000 Greeks with funds hidden in Swiss bank accounts. Greek police aim to detain Kostas Vaxevanis, the owner and editor of Hot Doc, for alleged privacy violations from publishing the list of names dated to 2007. Instead of arresting the tax evaders and the ministers who had the list in their hands, they are trying to arrest the truth and free journalism. The speaker of the Greek Parliament, several Finance Ministry employees and a number of business leaders all reportedly had Swiss HSBC bank accounts.
    The Hot Doc article revealed that data matched that of Christine Lagarde, the former French finance minister who in 2010 provided her Greek counterpart a list of names of those alleged to have large sums of money stashed away in Swiss banks.

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