×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Monday
22
Jun 2026
weather symbol
Athens 30°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Politics

Report: Varoufakis ‘Plan B’ was parallel bank system, hacking taxpayers’ codes

Plan claims secret e-bank account for each taxpayer, accessed by pin, to receive or make payments amid 'bank holiday'

Newsroom July 25 08:13

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Details of a truly radical “Plan B” reportedly hatched by ex-FinMin Yanis Varoufakis to create a parallel electronic currency connected with the “hacked” personal tax codes of millions of Greek taxpayers was published in the Sunday edition of the Athens daily “Kathimerini”.

If true and applicable, such a system would have been a prelude to an exit from the common euro currency and an eventual return to a national currency.

According to the shocking article, the self-described “erratic Marxist” reportedly divulged details of the plan in a meeting he had with foreign hedge funds executives on July 16.

Varoufakis’ “accomplice” in the plan was, according to Kathimerini, a childhood friend placed by the former in a strategic position in the finance ministry, a placement aimed at bypassing the general secretary of the of state revenues department within the ministry. The reason given was that the official, Katerina Savvaidou, was “controlled by Brussels”, or so Varoufakis assumed at the time.

Strange becomes stranger if the details of the Kathimerini article prove true, given that the task assigned to Varoufakis’ associate was none other than to “hack” into the general secretariat of IT systems’ server and access the personal tax codes (AFM) of millions of Greek taxpayers!

The next step, according to the article, would have been to secretly connect each tax code with a newly created electronic bank account corresponding to the specific taxpayer. The system would have been ready to activate within a moment’s notice and under complete secrecy.

In a scenario straight out of “Mission Impossible”, Kathimerini writes that if activated the system would have sent each connected taxpayer a special pin number allowing them to connect with their previously unknown “parallel account”. The latter account would allow the taxpayer, or business, to make or receive payments, essentially a parallel banking system aimed at bypassing closed banks.

>Related articles

Tsipras’s EL.AS. party targets luxury cars, fast yachts, dividends and apartments with pools

Greek prime minister and defence minister to inaugurate new cyber defence centre as Athens strengthens its digital shield

Kyriakos Mitsotakis & Nikos Dendias to inaugurate new Cyber Defence Center at the Greek Ministry of National Defence HQ tomorrow

The “celebrity economist” turned Greek leftist politician reportedly told participants at the meeting that he had ready responses if the plan leaked.

“Even if they do it (leak the plan), I will deny it,” was the Machiavellian statement attributed to the Essex-educated Yanis…

In a less shocking related development, the Sunday paper “Real News” has Varoufakis saying that the current SYRIZA government must resign, something he vehemently denied. Nevertheless, the paper’s editors later issued a statement saying they completely stand by the story.

Ask me anything

Explore related questions

> More Politics

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Greece plans payments for fishermen to remove toxic pufferfish from its seas, German paper writes lengthy warning report

June 22, 2026

British prime minister Keir Starmer to step down less than two years after Labour’s election landslide

June 22, 2026

25,000 Greek pupils suspended for mobile phone use as ADHD cases and digital addiction surge

June 22, 2026

Greece dodges Europe’s heatwave, but thunderstorms and blustering winds are on the way

June 22, 2026

New rules for Greeks abroad: tax breaks, vehicle exemptions and habitual residence clarified

June 22, 2026

A Day With My Pet returns to Attica with adoption day, pet first aid and family activities in Gerakas

June 22, 2026

16 Hand-Picked Places to Eat on Sifnos Right Now

June 22, 2026

Murder suspect says he stabbed 45-year-old woman in Crete before striking her with a log when she screamed for help

June 22, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα