Finance Minister Evangelos Venizelos on Thursday scathingly attacked the committee. "Yesterday's report lacks elements of credibility of other international reports," he said in a statement. "All necessary measures will be taken to upgrade and improve the credibility of the committee," he added.
Balfousia stepped down later on Thursday after Venizelos's comments, parliamentary and top government sources said. "She has submitted her resignation to the parliament speaker," one official said.
This looks very bad for Greece. It appears as if the “independent” committee is losing its independence, which is likely to give rise to renewed doubts about the credibility and accuracy of government reports of Greece’s financial health.
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