Varoufakis refuses to accept a cure that is worse than the disease. Brussels said that Greece must implement more austerity, but Athens does not want this medicine. Austerity is precisely the only point that prevents both parties to agree
“Our government can not -. Will not – accept a cure that proved the past five years be worse than the disease, “writes Yanis Varoufakis.
In an opinion article published Monday on the website of Project Syndicate, Yanis Varoufakis wanted to put everything in clean dishes and ensured that “the reality of the negotiations is very different” from the one that reaches the ears of the public. Even accused the mass media of harming the name of Greece by creating the myth that Athens is unable or have ill will to implement economic reforms.
The holder of the Finance folder ensures that the government is willing to accept the conditions of the lenders, but refuses to accept more austerity. “So if our government is willing to accept the reforms that the partners hope, why the negotiations have not yet resulted in an agreement? The problem is simple: Greek creditors insist on greater austerity for this and the coming years, “writes
This approach, according Varoufakis, prevents the recovery and growth. the increase in the debt cycle, deflation and, ultimately, “erodes the willingness and ability to see through the reform agenda that the country so desperately needs.”
The Greek Minister again points the finger at Brussels and says no one is working for the greater good of Greece. “Clearly, the requirement of lenders for more austerity has nothing to do with concerns for genuine reforms or lead Greece to a sustainable fiscal path . “To Varoufakis, this is a mystery that remains unresolved and” is an issue that is better be left to future historians. “
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