Utrecht University thesis

Utrecht_University_thesis

This thesis explores problems with the European Banking Union including the EBRD, Latvia, and Eurostat using fraud to make Latvia’s national debt appear lower. Also, there is a strategy between the EBRD and Latvia to use ‘covered bonds’ to make the national debt appear lower. Since apparently Eurostat doesn’t care if European countries report falsified national debts, many countries today could be using fraud to sell bonds to private investors and to the European Central Bank.