According to a reports by the Financial Times, Rothschild will become the new economic adviser to Greece.
The international banking firm will advise Greece in "everything" related to the country's debt and negotiations with creditors, according to the Financial Times.
To overcome its unmanageable debt, Greece is hiring Rothschild to control the country's financial affairs. Greek authorities will hire the new financial advisors before February 20, reports RT.
According to the Financial Times' sources, the international banking firm will advise Greece in all aspects of the country's debt, including negotiations with creditors. The company takes over the role of the US based banking firm Lazard.
Without additional help, the country is probably not able to pay the debt of EUR 7 billion that is required in July. In total, Greece's debt is staggering 323 billion euros and growing.
The international banking firm has for at least 200 years exercised a decisive influence on politicians throughout the Western world, according to British Independent.
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