Euro Crisis

EU Court Rules Disclosing Documents Related to Greek Debt Crisis Against "Public Interest"

Europeans think highly of their democratic inclinations


Bloomberg News has no right to banking documents relating to the Greek debt crisis, the EU General Court ruled Thursday, saying such disclosure would "undermine the public interest."

Bloomberg reporter Gabi Thesing had asked the European Central Bank in August 2010 for two documents titled "The Impact on Government Deficit and Debt from Off-market Swaps—The Greek Case" and "The Titlos Transaction and Possible Existence of Similar Transactions Impacting on the Euro Area Government Debt or Deficit Levels."