Author Topic: Greece's black hole  (Read 1537 times)

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Offline Maik

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Greece's black hole
« on: Sunday, 26 January, 2014 @ 23:47:53 »
Greece faces new black hole in finances amid rising tensions with creditors
Greek finance minister Yannis Stournaras prepares for dressing down in Brussels over evidence of resistance to reforms

European finance ministers meeting in Brussels on Monday are due to express disquiet over the resistance Athens is displaying to adopting reforms, as the Greek government weighs up the cost of a court ruling reversing wage cuts for security forces agreed under the country's bailout.

With Samaras desperate to avoid implementing further belt-tightening, insiders said the government could draw funds from bribes and bank accounts confiscated from corrupt officials.

Kickbacks from arms deals, believed to be in excess of €80m, could also used.

What!?! Take money back from corrupt officials??? Now why didn't someone think of that before?