Yanis Varoufakis: “Merkel’s Control Over The Eurogroup Is Absolute, They Are Beyond The Law”
by Tyler Durden
ZeroHedge.com
07/13/2015
The new Greek deal is “absolutely impossible, totally non-viable and toxic …[they were] the kind of proposals you present to another side when you don’t want an agreement.” Speaking with The New Statesman, former Greek FinMin Yanis Varoufakis blasts Wolfgang Schaeuble’s position which will lead to “a humanitarian crisis” for Greece and warns, regarding this latest creditors’ proposal, “if anything it will be worse [for the Greeks].” His conclusion is succinct, “we were set up…,” Merkel and Schäuble’s control over the Eurogroup is absolute, and that the group itself is beyond the law.
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