Varoufakis urges Tsipras to ditch negotiations with lenders
Former finance minister Yanis Varoufakis has called on Prime Minister Alexis Tsipras to turn his back on Greece’s lenders, adopt a parallel payment system that he was responsible for designing in 2015, and to unilaterally restructure the European Central Bank loans it holds.
“This two-pronged preparation is the only way to prevent another excruciating retreat by the prime minister in the short term and [German Finance Minister Wolfgang] Schaeuble’s plan in the long term,” Varoufakis wrote in an op-ed in Efimerida ton Syntakton on Saturday.
In his article, Varoufakis suggested that Schaeuble’s strategy is to lead Greeks to the point of exhaustion so they ask to leave the euro themselves.
You may be interested
Visit the Greek island in the 100 most impressive list in the worldPanos - Aug 05, 2021
Ios was recently included in the list of the most impressive islands in the world on the news site Insider.com.…
Mitsotakis: The critical infrastructures endured – The houses will be rebuiltPanos - Aug 05, 2021
The Greek Prime Minister, Kyriakos Mitsotakis and the Deputy Minister of Civil Protection, Nikos Hardalias made statements after the extraordinary…
Ancient Olympia: The International Olympic Academy is safe for now – Battle with the fire resurgences (video)Panos - Aug 05, 2021
A new alarm for Ancient Olympia as, early in the morning, a new front emerged, heading towards the facilities of…