The former finance minister of Greece Yanis Varoufakis said Wednesday that the program that holds the third bailout will not work, even though the Greek Prime Minister to show “confident” in implementing the program.
“Ask anyone who knows anything about the Greek finances and will tell you that this program will not work,” said the former minister told the BBC, showing up implicitly critical of the prime minister, Alexis Tsipras, who said he was confident in applying the agreement to end the economic uncertainty in the country.
“The (current) Greek finance minister says more or less the same thing, “added the former official, who left for weeks the Ministry of Finance of Greece, following the approval of the start of negotiations, after a referendum rejected the terms presented by creditors.
Varoufakis said the BBC the Minister of Finance of Germany “will have to go to parliament and confess in practice that this program will not work,” and added that “the IMF is desperate collectively with a program that is simply anchored on an unsustainable debt … and yet this is a program that everyone is working to apply “.
The ministers of the euro zone Finance, the Eurogroup, meet on Friday in Brussels to examine the third rescue Greece after Athens and lending institutions have reached a technical agreement.
“extraordinary Eurogroup on Friday, August 14 at 15:00 (14:00 Lisbon) on Greece “announced Michel Reijns, spokesman for the president of the Eurogroup Jeroen Dijsselbloem, a message on the Twitter social network.
Athens and international lenders reached in the early hours of Tuesday an agreement about a third financial assistance program to the country “of about 85 billion euros,” said the Greek government.
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