The Truth Committee on Public Debt (Debt Truth Committee) was established on April 4, 2015, by a decision of the President of the Hellenic Parliament, Ms Zoe Konstantopoulou, who confided the Scientific Coordination of its work to Dr. Eric Toussaint and the cooperation of the Committee with the European Parliament and other Parliaments and international organizations to MEP Ms Sofia Sakorafa.
Members of the Committee have convened in public and closed sessions, to produce this preliminary report, under the supervision of the scientific coordinator and with the cooperation and input of other members of the Committee, as well as experts and contributors.
The authors are grateful for the advice and input received from other members of the Truth Committee on Public Debt as well as other experts, who contributed to the Committee’s work during the public sessions and hearings and the closed or informal consultations.
The authors are grateful for the valuable assistance of Arnaoutis Petros Konstantinos, Aronis Charalambos, Bama Claudia, Karageorgiou Louiza, Makrygianni Antigoni and Papaioannou Stavros.
The preliminary report chapters were coordinated by:Bantekas Ilias Contargyris Thanos Fattorelli Maria Lucia Husson Michel Laskaridis Christina Marchetos Spyros Onaran Ozlem Tombazos Stavros Vatikiotis Leonidas Vivien Renaud With contributions from: Aktypis Héraclès Albarracin Daniel Bonfond Olivier Borja Diego Cutillas Sergi Gonçalves Alves Raphaël Goutziomitros Fotis Kasimatis Giorgos Kazakos Aris Lumina Cephas Mitralias Sonia Saurin Patrick Sklias Pantelis Spanou Despoina Stromblos Nikos Tzitzikou Sofia |
ContentsIntroduction The work of the Truth Committee in Public Debt Definition of terms and acronyms Chapter 1: Debt before the Troika Chapter 2: Evolution of the Greek public debt during 2010-2015 Chapter 3: Greek public debt by creditor in 2015 Chapter 4: Debt mechanism in Greece Chapter 5: The conditionalities against sustainability Chapter 6: The impact of the “bailout programme” on human rights Chapter 7: Legal issues surrounding the MOU and Loan Agreements Chapter 8: Assessment of the debt as regards illegitimacy, odiousness, illegality and unsustainability Chapter 9: Legal foundations for repudiation and suspension of Greek sovereign debt |