Preliminary Report of the Truth Committee on Greek Public Debt

Published by CADTM

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.

Access the full Preliminary Report of the Truth Committee on Greek Public Debt
or the Executive Summary

greece-debt-audit-report

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

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.

CONTENTS:

Introduction:

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

 

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