Pages

Saturday, February 14, 2015

Greek FinMin: There’s No Plan B, Only Armageddon

Greek Finance Minister Yanis Varoufakis told The Guardian that Greece has no Plan B if negotiations with its creditors fail. “We constantly hear, ‘if you don’t sign on the dotted line there is going to be Armageddon’. My answer is ‘let it happen!’ There is no fall-back plan. That is my plan B,” Varoufakis said in the interview. On Monday, there is a crucial meeting with euro zone finance ministers where Greece has to present a viable proposal on the state debt issue. When the reporter asked him what would happen, the Greek finance minister replied: “Well, that is like asking me what happens if a comet strikes planet Earth. I have no idea. None!” Asked if he is afraid that Greece’s fate is intrinsically connected to the global economy, Varoufakis answered: “A bit. If I weren’t scared, I’d be awfully dangerous.” Varoufakis though is not afraid to clash with Germany and its austerity program that instead of pulling Greece out of the crisis, has driven the Greek economy to the ground, leaving one-third of Greeks in poverty. “We’ve lost everything,” he says. “So we can speak truth to power, and it’s about time we do.”


READ THE ORIGINAL POST AT greece.greekreporter.com