Yanis Varoufakis archivos

Plan B: A Parallel Banking System Devised by Yanis Varoufakis

Bavesh Moorthy
Citizen Correspondent , EU
28 July, 2015

Much has been debated about the Plan B that would lead Greece into previously uncharted waters of a so called ‘Grexit’. The Alexis Tsipras-headed government had the very same scenario prepared, according to the ex-finance minister Yanis Varoufakis, who led the negotiations with the Eurozone leaders and the “Institutions”. Varoufakis, in a teleconference call on July 16, alleged that his boss had given him the go-ahead to create a parallel banking system.

Germany: The key problem of the EU crisis?

Dialogue , Op-ed
20 July, 2015

By Viktor Sukup

In the endless Greek crisis and the recipes supposedly designed to overcome it, Germany—whose Chancellor began by imposing the IMF’s participation—is the main hardliner pretending to “have the “Eurozone rules respected”.