Banker's Game: On leakages in the Eurosystem

Published on 15 May 2026 at 11:42

Banker's Game is a short documentary that was released in October 2025, produced by whistleblower John Christmas and his assistant Andrea Vrazhalska. Evita Birzina Ansis Pūpols from Latvia, as well as Mauro Caterina from Italy are investigative journalists who appear in the video too. It has been available on YouTube since 2 May 2026. 

The main theme of the documentary is a comparison between a historical bail-out in Latvia of Parex Banka (founded in 1991) in comparison with the bail-out of Italian bank Monte Dei Paschi Di Siena, the oldest bank in Italy (incorporated in 1472). Specific reference is made to a secret transaction in Latvia, approved in 2010 by then Prime Minister Valdis Dombrovskis. This secret transaction was reversible and used to provide Latvia entry into the Eurozone by artificially keeping Latvia's public debt and deficit low enough to meet the Stability- and Growth Pact criteria. More details are given in the documentary. 



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