Pressure mounts for secret Plan X to be investigated
Opposition parties kept up the pressure on the government yesterday to give a clearer account of its actions over the revelations in US economist James K. Galbraith’s latest book regarding preparations in Greece last year for a possible exit from the euro.
The opposition pressed home its views on the matter despite the fact that coalition officials distanced themselves from the academic, who clarified exactly what role he played in 2015 while Yanis Varoufakis was finance minister.
Writing on the website belonging to the DiEM25 movement founded by Varoufakis, Galbraith said that he had been asked by the then finance minister in March 2015 to “help with a delicate task.”
“This was the preparation of a preliminary plan – requested by the prime minister – for the contingency that Greece might be forced out of the euro,” he wrote.
Galbraith said that he worked on a memorandum, called Plan X, for six weeks with a small group of experts that were sworn to secrecy. The economist insisted that the final note was not intended as a blueprint for exiting the euro but “an outline of measures that might have to be taken and of problems that could occur.”
Despite the academic’s explanation, Alternate Finance Minister Giorgos Houliarakis launched a strong attack on Galbraith during a session in Parliament yesterday. “Who is this gentleman?” said the ministry official. “What he is saying is unbelievably frivolous.”
Nevertheless, opposition parties called for the claims made by Galbraith to be investigated further. PASOK leader Fofi Gennimata called for the judiciary to investigate the “secret plans” made by the government during the first half of 2015. New Democracy leader Kyriakos Mitsotakis said it was more important than ever for Greeks to find out what happened “during those catastrophic first six months of 2015.”