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Ron Johnson: “Greece entered the Eurozone January 1, 2001. Now I think…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Chairman Johnson at Euro Affairs Subcomm hearing on financial crisis in Greece

Published | Video Starts at 18:40

Maybe it's just a plain old government hazard that's been caused. So let's kind of go back to lessons learned first by kind of going back through the history of Greece entered the Eurozone January 1, 2001. Now I think there are reports that they weren't exactly forthright in exactly what their financial situation was. but they weren't anywhere near in this deep trouble. Correct. In 2001. So I just kind of want, you know, the first bailout was in 2010, so it took 10 years. (18:40–18:51)

CLAIM

Claims Greece was not transparent about its financial situation when entering the Eurozone in 2001.

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