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Wednesday, July 15, 2015

Ex-minister Varoufakis slams 'new Versailles' Greek bailout

By Angeliki Koutantou ATHENS (Reuters) - Former finance minister Yanis Varoufakis told parliament on Wednesday Greece's rescue deal was like the Versailles treaty which forced crushing reparations on Germany after World War One and led to the rise of Adolf Hitler. Varoufakis, whose fiery language alienated many of his euro zone colleagues during five months of negotiations, resigned after Greeks rejected bailout terms in a July 5 referendum in order to facilitate talks. What we are confronted with is a new Versailles Treaty," the self-avowed "erratic Marxist" told fellow lawmakers ahead of a vote on the rescue deal.


READ THE ORIGINAL POST AT uk.news.yahoo.com