Once it was suspected that Greece has helped to mask its government deficit and to adopt the euro in 2001, today it became clear that U.S. investment bank Goldman Sachs was involved in the sale of Greek government securities (GS) for at least 15 billion . dollars since 2002. It has delivered the most profitable investment bank on Wall Street profit of around 735 million euro, a survey of Bloomberg. Over the past eight years Goldman Sachs has been among the underwriter for ten issues of Greek government bonds. In six of the prospectuses for these emissions did not mention currency swaps concluded with Greece. From Bloomberg clarify that the prospectus for the other four arranged by Goldman Sachs sales of Greek government bonds since 2002 are not detected, but the bank refused to comment on the veracity of the allegations. Earlier this week in New York Times appeared information that currency swaps between Goldman Sachs and the Greek Government have enabled the country to conceal the size of its budget deficit in 2001 and thereby meet the requirements for euro adoption. This week it became clear that Greece has received funding out of balance by $ 1 billion through currency swaps entered into with Goldman Sachs in 2002, regulatory authorities of the European Union, however, were not informed about this transaction, which according to the Greek finance ministry has been completely lawful at the time of its conclusion.
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