The Independent’s article, “Greece met its latest IMF debt payment – but no one is sure where the money is coming from”, wonders what magic trick Greece pulled to meet its loan repayment worth 459 mln euros to the International Monetary Fund on Thursday.
The article quotes a New York Times report that states that Greece has “fewer home-trained accountants than other European countries” hence the government did not adhere to International Public Sector Accounting Standards, resulting in poor accountability and transparency suggesting that money was gathered without transparency.
Speculation is raised by the fact that the money repayment coincided with Prime Minister Alexis Tsipras’ meeting with Russian President Vladimir Putin even though both leaders denied that financial aid had been requested.
Ask me anything
Explore related questions