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European Union (EU) is reported for some derivatives transactions that were involved in the Greek and U.S. investment bank, sought clarification in Greece. Greece is the possibility that there had been cheating the size of the deficit and debt in these derivatives.

The New York Times, had reported the suspected involvement receive cash as collateral for derivative transactions to airport landing fees and lottery earnings in the future of Greece. Cash was obtained and has been used to write-off.

According to the paper, this deal was about to join the euro zone have been made in Greece 2001 years, was treated as for exchange rather than loans, while Greece will meet the EU deficit limit, the transaction of public it was possible to hide from.

Papakonsutantinu Finance Minister of Greece on April 15, denies the view that there may have underestimated the country's financial regulations. At the time the transactions involving Greece, he said that was allowed.

He said in Brussels, told reporters: "Some newspapers reported that trading in derivatives, it was legal. Of these transactions were used not only for the Greek," he said, "was illegal Later, in Greece is not done, "he added.

EU executive body of the European Commission, Eurostat (Statistical Office) and have not been reported, while Greece announced that it has asked to describe the transactions involved.

European Commission spokesman Arutafaji 15 days at a regular press conference, "Eurostat does not care about these transactions," said Greenspan. "I just received these reports, Eurostat is in fact already for two Greek authorities are asked to explain the end," he said.

Derivative transactions are involved and that Greece had asked the EU and does not violate the fiscal rules, "If there was a real deal, we need information about the financial impact of its contents and Greece. This information has not yet been obtained, you are requested to provide information, "he said.