IMF Director Admits: Greek Bailout Was “To Save German & French Banks”

As oft stated here, all roads lead back to Berlin and its Fourth Reich.

 

 

For the first time in public, though practically the entire world assumed it, an official from The IMF has admitted that the various Greek bailouts were not for The Greeks at all… “They gave money to save German and French banks, not Greece,” Paolo Batista, one of the Executive Directors of International Monetary Fund told Greek private Alpha TV on Tuesday.

As KeepTalkingGreece reports, Batista then went on to strongly criticized not only the euro zone and the European Central Bank but also the IMF and the Fund’s managing Director Christine Lagarde for defending Europe much too much

Full article: IMF Director Admits: Greek Bailout Was “To Save German & French Banks” (Zero Hedge)

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