George Papaconstantinou News
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Greek lawmakers voted to set up a parliamentary committee to investigate allegations former Finance Minister George Papaconstantinou removed relatives’ names from a list of Greeks with bank deposits in Switzerland.
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Greece’s lawmakers are due to vote later today on a government proposal to set up a parliamentary committee to investigate allegations that former Finance Minister George Papaconstantinou removed relatives’ names from a list of Greeks with deposits in Switzerland.
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Just before Christmas, I met with former Greek Finance Minister George Papaconstantinou, and he talked about how excited he was to spend the holidays abroad, where -- unlike in Greece -- he could roam freely without a security detail. His holiday didn’t go quite as expected.
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Greece’s government proposed that a parliamentary panel look into allegations that former finance minister George Papaconstantinou removed relatives’ names from a list of Greeks with deposits in Switzerland, according to a faxed copy of the proposal received today.
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Former Greek Finance Minister George Papaconstantinou denied accusations that he removed relatives’ names from a list of about 2,000 Greeks with deposits in Swiss banks.
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Greece’s debt problems will be solved by a return to economic growth that will be underpinned by structural reforms, Finance Minister George Papaconstantinou said.
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Greece may beat a target to reduce the European Union’s second-widest budget deficit, allowing the country to return to markets to raise debt, Finance Minister George Papaconstantinou said.
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Greek government bonds are no longer “something to fear” and the country is on track to meet its budget goals for this year, said Finance Minister George Papaconstantinou .
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Greek Finance Minister George Papaconstantinou said his country may still return to bond markets this year if conditions improve.
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Greek Finance Minister George Papaconstantinou said he’s concerned markets may force European nations into too-severe budget cuts that could push economies back into a slump.
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