ATHENS, Greece – The French investment bank Rothschild plays an important role in Greece’s effort to get rid of the bonds of creditors, Frankfurter Allgemeine claimed on Sunday.
“When socialism can no longer help, bankers are called upon to take over. The leftist, populist Greek government, which had traditionally anti-capitalist slogans, recruited prominent capitalists as assistants in the fight against debt,” the newspaper quotes referring to the example of Goldman Sachs.
“With Rothschild investment bank advisers, Prime Minister Alexis Tsipras began a tour of current and potential financiers. The French bank has confirmed to the Frankfurter Allgemeine Sonntagszeitung that it has received a mandate from the Greek government as a financial adviser. As far as her mission and activities are concerned, the Rothschild’s have kept silent. Its mission is extremely delicate. Other investment banks have put themselves in a very difficult position because of Greece,” the newspaper continued to explain.
According to the FAS, due to the particular gravity of Germany, this campaign of the Greek government with Rothschild’s assistance often leads to Berlin. Already before the IMF summit, Greek Finance Minister Tsakalotos went to the German capital for his first meeting with his new German counterpart Solz and last week had three-day contacts in Berlin with economic and political agents head of the prime minister’s financial office, George Tsipras.
Translated from Crash Magazine Online.