Bonds

Greece says has 'full trust' in deficit stats during bailout

A deputy finance minister in Greece says his government has "full trust" in the budget deficit data issued by the country's independent statistics authority, as the agency's former director faces trial for allegedly inflating the figures.

Greece says has 'full trust' in deficit stats during bailout

A deputy finance minister in Greece says his government has "full trust" in the budget deficit data issued by the country's independent statistics authority, as the agency's former director faces trial for allegedly inflating the figures.

WHY IT MATTERS: Debt

THE ISSUE: The federal government is borrowing about 1 out of 7 dollars it spends and steadily piling up debt — to the tune of about $14 trillion held by investors.