Yanis Varoufakis: Germany won’t spare Greek pain—it has an interest in breaking us

“In my first week as minister for finance I was visited by Jeroen Dijsselbloem, president of the Eurogroup (the eurozone finance ministers), who put a stark choice to me: accept the bailout’s ‘logic’ and drop any demands for debt restructuring or your loan agreement will ‘crash’—the unsaid repercussion being that Greece’s banks would be boarded up. […]

Based on months of negotiation, my conviction is that the German finance minister wants Greece to be pushed out of the single currency to put the fear of God into the French and have them accept his model of a disciplinarian eurozone.”

http://www.theguardian.com/commentisfree/2015/jul/10/germany-greek-pain-debt-relief-grexit?CMP=fb_gu

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