Posts Tagged ‘quotnothing’

German ESMT Study: 5% of bailout money went to Greece’s state & people, 95% went to European banks

This accusation has been around for a long time. But now, for the first time, the Berlin-based ESMT has compiled a detailed calculation over 24 pages. Their economists looked at every individual loan instalment and examined where the money from the first two aid packages, amounting to €215.9 billion, actually went. Researchers found that only €9.7 […]

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