×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
22
Feb 2026
weather symbol
Athens 11°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Plan B: Let Greek Parliament’s inquisition of Varoufakis begin!

Greek FinMin Y. Varoufakis' risks criminal charges that could send him to prison for 20 years

Newsroom July 30 12:15

A growing number of lawsuits – three in total – against former finance minister Yanis Varoufakis have been received by Greece’s Parliament. The accusations concern his alleged “Plan B” – ostensibly an idea for a parallel payments system based on taxpayers’ personal tax numbers.

Until recently, Varoufakis was criticized for not having a backup plan in case talks with creditors failed, but now he is being accused for just that – Plan B, albeit a very peculiar one. According to critics, he was reckless and duplicitous when he allegedly brought together a group of five top associates to covertly hatch a plan in the face of decreasing liquidity and subsequent bank crisis, a development that actually occurred.

>Related articles

Trump’s head-on clash with the Supreme Court: 10% global tariff, the day after the ruling and the President’s “workaround”

Eurobank: strategic partnership on artificial intelligence at the India AI Impact Summit 2026

European shares: New all-time high could mark the 2026 peak

His fall-back plan, according to media reports citing a teleconference briefing of London-based hedge fund managers earlier this month, would have involved hacking into the tax bureau’s central server to retrieve millions of personal tax ID codes.

There’s just one problem: hacking into the tax system in Greece, and everywhere else, is illegal. Now, Varoufakis faces possible prosecution, assuming enough evidence warrants an indictment and if his ministerial immunity status — at the time he was minister — is overruled.

However, Varoufakis — who’s previously experienced “economic warfare” from the …sidelines of academia and as a “flamboyant” maverick economist before turning up in Greek ‘leftish’ politics — argues that desperate times call for desperate measures. He’s even claimed that the General Secretariat of Public Revenues within the Ministry of Finance is fully controlled y the Troika of Greece’s creditors (EC, ECB and IMF), a reason supposedly given for the “hacking” idea.

Ask me anything

Explore related questions

> More Economy

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

Trump raised the new tariffs to 15% on all imports from all countries

February 21, 2026

With the weather on our side for the Carnival parades and Koulouma: “It’s time to unwind,” says Kolydas

February 21, 2026

A wolf attacked a group of walkers at the Royal Estates in Tatoi!

February 21, 2026

Venezuela: Amnesty granted to 379 political prisoners

February 21, 2026

Nigeria: Gunmen killed at least 50 people, kidnapped women and children

February 21, 2026

Unthinkable torture in Iran’s prisons: Police rape women and remove their uteruses to eliminate evidence

February 21, 2026

US Ambassador says Israel has a “Biblical Right” to occupy the entire Middle East

February 21, 2026

Trump’s head-on clash with the Supreme Court: 10% global tariff, the day after the ruling and the President’s “workaround”

February 21, 2026
All News

> Greece

With the weather on our side for the Carnival parades and Koulouma: “It’s time to unwind,” says Kolydas

The bad weather is limited in the next hours in the eastern islands and the Dodecanese, while from Sunday of Halloween the weather improves significantly in most of the country

February 21, 2026

A wolf attacked a group of walkers at the Royal Estates in Tatoi!

February 21, 2026

Bad weather with an “orange” warning before Carnival, improvement on Clean Monday for kite flying

February 21, 2026

What would happen if drones flew over Greek airports? The state apparatus is “training” for hybrid threats and illegal flights

February 20, 2026

Temporary gov.gr Service Interruption on Sunday due to scheduled upgrade

February 20, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα