Greek bailout

11.10.2017

European Central Bank made almost €8bn from Greece’s financial crisis

European Central Bank made almost €8bn from Greece’s financial crisis

The European Central Bank (ECB) has profited handsomely from its holdings of Greek government debt, according to a document seen by the Financial Times. A written response to a request from a Greek MEP showed the bank collected €7.8 billion in interest payments between 2012-2016 on Greek sovereign bonds acquired… »

11.05.2016

The ugly truth behind the Greek bailout

The ugly truth behind the Greek bailout

Out of the 220 billion euros disbursed to Greece as loans from the bailout mechanism, some 95% has been directed toward saving the European banks. Christine Lagarde, the Queen of Troika and the Head Honcho of the IMF, on May 6th, threatened to pull the IMF out of… »

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