Former Greek Finance Minister Yanis Varoufakis seems unfazed by all the controversy surrounding him, especially after his secret hacking ‘plan B’ came to light and calls from Greek political parties for his prosecution over the matter. He hit right back at the barrage of criticism with an article in the Financial Times.
Varoufakis writes of the ‘paradox’ existing at the foundations of the European Union, where member states within the Eurozone do not have a central bank to support them, while the European Central Bank does have a government to back it. In the article he outlines his proposals regarding the infamous ‘Plan B’ and the reason for hacking Greek citizens’ tax code numbers defending his idea.
He writes that the Troika has imposed brutal limitations on Greek national sovereignty by auditing ministers who were even denied access to departments of their own ministries. He warns that when national sovereignty is lost and politicians fail to do the bidding of the people then there is something rotten in the ‘Kingdom of the Euro’.