Grexit

Varoufakis: 'I Never Threatened with a Grexit'

Former Greek Finance Minister Yanis Varoufakis reiterated that he had never threatened creditors with a Grexit; and announced his decision to run in the European elections with his party; DIEM25. On Wednesday night's interview on Alpha TV; Varoufakis spoke again about...

Former German FinMin: I Told Tsipras Why I Wish he Loses Election

Former German finance minister Wolfgang Schaeuble said that in 2014 he told Alexis Tsipras that he wishes him to lose in the 2015 election because he could not stay true to his promise to keep Greece in the eurozone...

Schäuble Sought Grexit till End of 2016, says German FM Gabriel

The Greek debt crisis features strongly in the German election campaign as the social-democrats of SPD accuse their coalition partners of Angela Merkel’s CDU of undermining the EU. On Tuesday, during the last session of the German Parliament prior to...

WSJ: Britain Still has Time to Avoid Repeating Varoufakis' Mistakes in Brexit Talks

Britain must avoid repeating the mistakes made by Greece and Yanis Varoufakis in negotiations with the European Union regarding the Brexit, a Wall Street Journal report says. Writer of the report Simon Nixon says that Varoufakis' book "Adults in the...

Potential Merkel Gov't Ally Proposes Greek Debt Relief in Exchange for Grexit

In an interview with Bloomberg, Christian Lindner, the pro-market German Free Democrats party (FDP) leader and potential partner in Angela Merkel's next government, proposes a quid pro quo for Greece: a debt "haircut" in exchange for exit from the...

Varoufakis Reveals Text Message Exchange with Tsipras on Temporary Grexit

New information is coming to light following the publication of Yanis Varoufakis’ book Adults in the Room: My Battle with Europe’s Deep Establishment. The book will be published in Greece in September. According to excerpts published by Greek newspaper Proto...

Greek Former Minister: Russia Could Offer Aid in Case of Grexit

Russia would offer Greece cash in advance for a gas pipeline in case the country was forced to leave the euro zone in the summer of 2015, said former energy minister Panagiotis Lafazanis. Lafazanis told Vima FM that in the...

Tsipras to Varoufakis: Let's Take the €16 Bln of the European Central Bank

"What? There are 16 billion euros in cash scattered here and there, and we do not use them to load ATMs and make them work as normal?" Greek Prime Minister Alexis Tsipras told then finance minister Yanis Varoufakis in...

Former Greek FinMin Varoufakis' Alternative Currency Plan

Former Greek finance minister Yanis Varoufakis had an alternative plan to pay public sector employees during Greece's hard bailout negotiations with creditors in the Spring of 2015, said close associate Glenn Kim on Monday. Kim, who serves as adviser to...

Most Greeks Believe 2015 Referendum was Damaging for Greece

More than half of Greek people (56%) believe that the July 5, 2915 referendum was damaging for the country, while only one in three (34%) believe that it was good for Greece. The poll was conducted by "Aboutpeople" using...