PROVOCATION: Report Says Greek Sovereignty Questioned if IMF Debts Cannot be Paid

A study that was just released and which is addressed to the International Monetary Fund (IMF) raises the sensitive issue of  national sovereignty, suggesting that countries that cannot pay off their debts on time to the IMF, should have their national sovereignty revoked.

The document (picture above) is signed by James M. Boughton, a former executive of IMF.

A report in enikonomia.gr claims that in the document, Boughton, who was working for the IMF between 1981 to 2012, analyses the exact measures that should be taken in case a state cannot pay off its financial obligations.

The way the financial crisis in Greece has been handled demonstrated that the financial system has some ‘holes’, Boughton says.

Source: Enikonomia.gr

(Editor's Note: M@laka Giorgaki... If it wasn't for you Greece would never be in this situation. Nonetheless we are hopeful that Tsipras will keep his word -forget about all the silly rhetoric that his party is grinding in the mind of Greeks- and be prompt with its payments to these reserve-war-mongering buffoons. If not... Molon Lave m@lakes.)