Official also believes Sunday’s referendum is escalation of a Greek negotiating strategy that has gone wrongDebt relief was not on the table during negotiations to extend Greece’s existing bailout programme, and agree a package of reforms needed to unlock its remaining funds, according to a senior EU official.The official told the Guardian that debt relief was “politically highly toxic for many eurozone member states”. Things happened too fast for game theorist [Varoufakis] to adapt, and not only is he destroying his economy, but has made a huge tactical mistake. Continue reading...
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