Collapse Files ยท CF-052

HE SIGNED THE MEMORANDUM ON MAY THIRD. THE TROIKA KNEW THE MATH WOULD NOT HOLD. HE SIGNED IT ANYWAY.

The finance minister of the Hellenic Republic signed a 72-page memorandum on May 3, 2010, knowing it would lead to drastic austerity measures and economic contraction. His signature was the final step before accepting a 110 billion euro bailout, but he recognized the projections behind these measures were severely flawed.

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