EuroZone Profiteers: How German and French Banks Helped Bankrupt Greece
Year Published: 2015
Resource Type: Article
Cx Number: CX17643
We should be clear: almost none of the huge amount of money loaned to Greece has actually gone there, says Joseph Stiglitz, former chief economist of the World Bank and a Nobel Prize winner in economics. It has gone to pay out private-sector creditors – including German and French banks.