Saturday, May 16, 2015

Varoufakis: “I wish we had the drachma and never had … – RT in Spanish – International News

The verbal war Varoufakis with policymakers in the eurozone continues. The holder of Greek Finance said Thursday at an economic conference in Athens would reject any agreement that “the numbers do not add up” and drag to Greece “back to a death spiral” .

Learn more: Greece focuses its hopes on the new finance minister that challenges EU

“If I signed , will be another finance minister signing a program of medium-term budgetary adjustment and knows it will not work, “said the minister, ‘marginalized’ of negotiations with the Troika, according to AP. “And it can be shown mathematically that does not work,” said Varoufakis.

I wish we had the drachma, wish we’d never gotten into this monetary union ” said Varoufakis, but said that His words do not mean he wants the piece now.

Also, the Minister of the Government of Tsipras said that, basically, all members of the euro zone believe that Greece should never have joined the monetary union .

“I think that basically all Member States of the eurozone would agree with that now. Because it was so poorly constructed,” said Varufakis. “But once you’re inside, will not leave without a catastrophe ” lamented the Greek minister.

Varoufakis insisted that the Hellenic country needs a “redesign” of debt substantially extend payment periods, one possible solution A bond swap

Read also:. Greece: Unable to reach agreement rescue under current conditions

However, as to the latter, which is being discussed now that would be designed to alleviate the liquidity crisis of Athens, said that Varoufakis It is likely to be rejected, because it fills “scary soul” of the president of the European Central Bank, Mario Draghi. According to the Greek minister Draghi fears that a debt swap irritate Germany.



 

Once you are inside the eurozone will not leave without a catastrophe

 

Greece has paid 750 million euros to the International Monetary Fund, according to Reuters this week.

This amount was part of a payment plan established five years ago in the Greek rescue program to country. . The IMF is adamant about the deadline (May 12) and insisted that the sum be paid within term

Read also: Russia intends to join Greece Development Bank of BRICS

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