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If you really want to turn the wheels of time, Siemens has been consistently involved in corruption in Greece since the 1920s. Governments and political alignme
by m000 4y ago
If you really want to turn the wheels of time, Siemens has been consistently involved in corruption in Greece since the 1920s. Governments and political alignments change. The constant factor is the bribing company.
Also, FYI, the 2004 admission by finance minister Alogoskoufis was a total joke. Sadly for Greece, world politics is not the right place for this kind of jokes.
The newly elected at the time ND government wanted an excuse to get a carte blanche to apply their financial agenda, so they invented one: Alogoskoufis ordered a retrospective "audit" where they switched from the standard Eurostat practice of budgeting defense contracts at the time of delivery to budgeting them at the time of signing [1].
This essentially shifted future expenses (many of them payable during his mandate) to the past, in order to make the previous PASOK administration appear disingenuous. Alogoskoufis essentially brought the country to world disrepute, so they could score a few cheap political points internally. And he was naive (stupid?) enough to believe that this would somehow only affect his political opponents and not the whole country [2].
[1] https://eprints.lse.ac.uk/84157/1/Greece%20%20a%20crisis%20in%20two%20level%20governance_cover%20._Final%20pdf.pdf https://eprints.lse.ac.uk/84157/1/Greece%20%20a%20crisis%20i...
[2] https://www.ekathimerini.com/economy/27649/alogoskoufis-expects-no-sanctions-for-past-deficits/ https://www.ekathimerini.com/economy/27649/alogoskoufis-expe...