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> Economy

Varoufakis: 'Eurogroup the tombstone of Europe'

Greece forced to play the cat and mouse game

Newsroom July 31 09:53

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In its August edition, French magazine ‘Monde Diplomatique’ publishes a feature article signed by former Greek Finance Minister Yanis Varoufakis, who is currently facing a barrage of accusations by his political opponents in Greece over his infamous tax-code-hacking ‘Plan B’, the worst being that of treason and secretly orchestrating Greece’s exit from the Eurozone. Varoufakis writes that Greece was negotiating like the mouse in the ‘cat and mouse’ game. He says that they were constantly threatening Greece with walking out of the talks and closing the banks, while he continues by blasting the EU for revealing an ‘intransigent’ and ‘vindictive’ face during the talks. “Greece was humiliated during those six months of negotiations by the EU”, he writes. Varoufakis recalls his disappointment after experiencing, as he writes ‘the humiliation of the European Commission’ when he was told that the EC had to yield to the conclusions of the president of the Eurogroup. He says that when he realized the Eurogroup was not a formal legal entity felt it was the ‘tombstone of Europe’.

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