Category: Information

Terms of reference for the Hellenic Parliament’s Truth Committee on Public Debt

Introduction by Sergi Cutillas, member of the Truth Committee In response to the terrible situation in Greece related to its debt, the President of the Greek Parliament decided on April 4, 2015, to constitute a special committee of the Parliament (“The Committee for the Truth on Public Debt”) to investigate the truth about the origin …

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Definitions for a Debt Audit

21 May by Truth Committee on the Greek Public Debt The Debt Audit conducted by the Hellenic debt Truth Committee makes reference to the debt classification based on a very precise terminology that needs to be very clear: illegitimate, illegal, odious and unsustainable. “Illegitimate debt” Debt that the borrower cannot be required to repay because …

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