Comments by Greece’s former representative at the International Monetary Fund, suggesting he knew Greece’s bailout would fail, are to be investigated by prosecutor Grigoris Peponis, responsible for probing economic issues.
Peponis’s investigation will focus on whether there was a breach of faith against the state or the national economy was damaged. The primary aim of the probe will be to ascertain whether public officials should face charges, but it is possible that politicians will also be investigated.
Panayiotis Roumeliotis told The New York Times last month the Greek program “was impossible to be implemented.”
Aides of ex-Prime Minister George Papandreou said Roumeliotis had never expressed these qualms while in his post. Roumeliotis responded by asking Papandreou to explain whether he was aware of former IMF chief Dominique Strauss-Kahn’s reservations about the program, why Greece did not request a debt restructuring and why it accepted a high interest rate and brief adjustment period.