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> Economy

Varoufakis says he was not kicked out, but left the government

Greece will exit crisis, if surplus 1%

Newsroom March 16 08:15

Former Greek Finance Minister Yianis Varoufakis said he was not fired by the Greek PM Alexis Tsipras, but he resigned, in an interview to Bloomberg. ‘When I realised we were not on the right path I decided to leave’, he underlined. ‘I was hoping for a deal that would have ended the Greek crisis’, he pointed out, adding that the Troika did not want the end of the crisis. In a very critical tone he said that everyone in the EU was pretending that the problem had been resolved, but ‘they all knew the program lacked economic reasoning’. Varoufakis said Greece could exit the crisis only if the surplus was reduced to 1 percent of the debt restructuring with a simultaneous implementation of radical reforms.

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