Ok, enough already?
Those of you confused about the Greek economic crisis might have forgotten some of its history. After all, it has been a long time. In this video Giorgos Papakonstantinou, the former Finance Minister in Giorgos Papandreou’s PASOK government, unfolds the events leading up to and during the continuing crisis.
It was in 2009 that newly appointed Papakonstantinou discovered that the previous New Democracy government had lied and minimized the extent of the Greek debt. Papakonstantinou informed Greece’s European partners and all hell broke loose. Of course it was the responsible thing to do. As a politician he was a novice and after leaving the Finance Ministry (and the Government), he faced a parliamentary investigation over tamperimg with the “Legarde List” to hide the names of relatives. He was ultimately exonerated.
If you click on the video you will see a boring 5 minute introduction by his host and then Papakonstantinou clearly outlines the stages leading to the current situation. His talk lasts for about 25 minutes and is worth it. Later there is a question and answer session (which I didn’t watch).