‘It’s a never-ending depression!’ ex-Greek finance minister rages at EU imposed austerity

Friday, May 19, 2017
By Paul Martin

FORMER Greek finance minister Yanis Varoufakis expressed outrage at the European Union saying the bloc is crushing the will of Greece.

Fri, May 19, 2017

Mr Varoufakis hit out at the Brussels bloc over its enforced austerity on the country and control over the Greek parliament.

Attending an anti-EU movement event in Athens, the economist said Greek MPs had voted for debt measures they “did not believe in”.

Greek MPs voted for a £4.3billion round of pension cuts and tax increases ahead of a meeting in Brussels to discuss further possible EU bailout funding.

Speaking at the DiEM25 session, Mr Varoufakis blasted Greece’s “never ending depression”.

He said: “Last night a fresh farce was performed in the Greek parliament. The Greek parliament was debased yet again.

“The members of parliament supporting the government voted for measures that they do not believe in and the members of the opposition voted against measures that they would have voted in favour of had they been in government.

“This debasement of democratic politics is what you get when you have seven years of a great depression, a never ending depression which is being constantly reinforced by the measures of austerity and further toxic loan tranches which are part and parcel of the problem, not of the solution.”

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