Days after flatly rejecting reports of capital controls… Yanis Varoufakis on Tuesday said there was “no issue of a bail-in”, i.e. a “haircut” of deposits in Greek banks.
His now famous statement on Sunday afternoon, namely, precluding capital controls, came hours before such a measure was announced, and implemented a day later. Moreover, a bank holiday for Monday turned into a week-long closure of banks in the country.
Returning to the limelight on Tuesday, he ruled out a bail-in, speaking to reporters after the conclusion of a Eurogroup teleconference.
In other matter, he said the main obstacle between Athens and its creditors is the issue of debt.
