Varoufakis in Venice: Debating reforms with Greece’s lenders

Greek FinMin Y. Varoufakis is in Italy for the Aspen Institute think tank congress, titled “Assessing Risk: Business in Global Disorder”

Speaking from the sidelines of a conference in Venice, Italy, Greek Finance Minister Yanis Varoufakis said that the issue in negotiations with Greece’s international lenders is not whether to apply reforms or not but the type of program to be followed. He referred to his contact with Eurogroup chairman Jeroen Dijsselbloem, and said: “Eurogroup chairman Dijsselbloem has replied to my letter. The issue isn’t the reforms, because Greece wants them, and wants them more. The task, therefore, is to agree on the process by which the reforms will be made more specific, implemented and evaluated so that they can be reviewed by the Eurogroup.”