Thursday, August 27, 2015

GRexit stage left

Yanis Varoufakis says Greece isn't big enough for him, he'll now be a Euro Star;
[Instead of running in the next Greek election, in a few weeks, he'll] focus on setting up a new movement to “restore democracy” across Europe, the former Greek finance minister told Reuters on Thursday.

The combative, motorbike-riding academic was sacked as finance minister last month after alienating euro zone counterparts with his lecturing style and divisive words, hampering Greece’s efforts to secure a bailout from partners.

The one-time political rock star has since steadily attacked the bailout programme that prime minister Alexis Tsipras subsequently signed up to and the austerity policies that go with it, rebelling against his former boss in parliament.
Tsipras, who has his own problems--he had to resign as PM--shot back;
“Varoufakis was talking but nobody paid any attention to him” at the height of Greece’s negotiations with IMF and European Union lenders.

“They had switched off, they didn’t listen to what he was saying,” Mr Tsipras said. “He didn’t say anything bad but he had lost his credibility among his interlocutors.”
Oh yeah! Well, you're Sysyphus;
...condemned to push a rock uphill only to have it roll back down, telling Australia’s ABC Radio the prime minister had embarked on “pushing the same rock of austerity up the hill” against the laws of economics and ethical principles.

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