Just-published op-ed from Varoufakis says Schaeuble wants Grexit to enforce discipline around Eurozone
Former Greek Finance Minister and influential Syriza member Yanis Varoufakis is spitting fire in a Guardian op-ed. He says the 2010 bailout was for French and German banks, not Greece.
He confirms a report that was published earlier that Dijsselbloem warned he would bankrupt Greek banks.
"In my first week as minister for finance I was visited by Jeroen Dijsselbloem, president of the Eurogroup (the eurozone finance ministers), who put a stark choice to me: accept the bailout's "logic" and drop any demands for debt restructuring or your loan agreement will "crash" - the unsaid repercussion being that Greece's banks would be boarded up."
But it gets more dramatic from there.
"Based on months of negotiation, my conviction is that the German finance minister wants Greece to be pushed out of the single currency to put the fear of God into the French and have them accept his model of a disciplinarian Eurozone."
