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Demeter

(85,373 posts)
9. The audit of the Greek public debt is about to start
Wed Mar 18, 2015, 06:19 AM
Mar 2015
http://failedevolution.blogspot.gr/2015/03/the-audit-of-greek-public-debt-is-about.html


Important announcements for the audit of the Greek public debt are expected at the press conference that will be given on Tuesday at 12 noon by the Speaker of the Hellenic Parliament, Zoi Konstantopoulou, with the specialist on audit issues, Éric Toussaint, and SYRIZA MP, Sofia Sakorafa.

Éric Toussaint had worked with the government of Ecuador, among others, which through auditing, managed to remove 70% of the bond debt.

The audit is a "nightmare" not only for hedge funds and international organizations, who are using debt to impose colonial conditions on indebted countries, but also for the political establishment in these countries, as brings to light giant scandals.

Perhaps this is the reason for which the politicians and experts who have dealt with the issue often face a "mud war" not only from abroad but also within their own countries.

As the pioneers of the audit in Ecuador explained in the documentary Debtocracy, some of the biggest obstacles to a debt relief effort were raised by the ministry of finance executives, trying to cover up the previous governments responsibilities...

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