– Vi vet alla nu, och vi visste alla då, att Grekland fuskade med sin statistik.

as a condition of its international bailout were “absolutely necessary”, the country’s finance minister has acknowledged.

Athens was forced by its troika of international lenders to slash spending and liberalise the economy to access more than €250bn in financial assistance between 2010 and 2018.

The European Commission, European Central Bank and IMF were blamed by many Greeks for the hardest years of the debt crisis, when the nation was blighted by mass unemployment and political upheaval.

But Greece is now one of only five countries in the EU running a primary budget surplus.

Financial Times 21 May 2026

https://www.ft.com/content/3576843a-de5b-484f-a148-6fa8ab1d59ba?syn-25a6b1a6=1


Horst Reichenbach We’re not occupiers 

https://englundmacro.blogspot.com/2011/11/horst-reichenbach.html

 

Germany is the largest guarantor of the European Central Bank’s credit default insurance, known as the OMT

and provides by far the largest stock of “target” overdraft credit to other European countries, currently €956bn.

https://englundmacro.blogspot.com/2018/06/germany-is-largest-guarantor-of-omt.html


Anders Borg (TT): Den stora risken var att Grekland skulle utlösa en kris i italienska, franska och tyska banker.

https://englundmacro.blogspot.com/2012/02/anders-borg-tt-den-stora-risken-var-att.html


Borg lyfter euro-landet Finland som ett varningens exempel på varför Sverige bör stå utanför euron.

https://englundmacro.blogspot.com/2025/01/calmfors-pa-uppdrag-av-stiftelsen-fritt.html


– Vi vet alla nu, och vi visste alla då, att Grekland fuskade med sin statistik.

Det berättar Pascal Lamy, WTO-chefen som på nittiotalet var EU-kommissionens ordförande Jacques Delors högra hand.

På mötena sneglade man skeptiskt på varandra rund borden när grekerna presenterade sina häpnadsväckande positiva kalkyler, men ingen sade något.

 – Det hade varit ofint, man höll alltid en viss nivå av diplomatisk korrekthet och artighet mellan länderna.

https://englundmacro.blogspot.com/2012/02/vi-vet-alla-nu-och-vi-visste-alla-da.html



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