Greek FinMin Yanis Varoufakis Sums Up Europe In One Sentence

–  Yanis Varoufakis Sums Up Europe In One Sentence (ZeroHedge, Feb 6, 2015):

This just about sums it all up…

“A clueless political personnel, in denial of the systemic nature of the crisis, is pursuing policies akin to carpet-bombing the economy of proud European nations in order to save them.”

Yanis Varoufakis Sums Up Europe In One Sentence

Schauble And Varoufakis Meeting Ends: ‘We Didn’t Even Agree To Disagree’

From the article:

  • SCHAEUBLE: MY PRESS SPOKESMAN ADVISED ME TO SAY “WE AGREED TO DISAGREE”
  • VAROUFAKIS SAYS “WE DIDN’T EVEN AGREE TO DISAGREE”

Schauble And Varoufakis Meeting Ends: “We Didn’t Even Agree To Disagree” (ZeroHedge, Feb 5, 2015):

Less than 24 hours after the ECB showed it would only play hardball from now on, there were some hopes that either the Greek position would soften or that Germany would indicate it may agree to at least a modest compromise to avoid the worst possible outcome.

Alas, as the following photo from the ongoing press conference between the finance ministers of Greece and Germany shows…

schauble yanis

… it was not meant to be.

Read moreSchauble And Varoufakis Meeting Ends: ‘We Didn’t Even Agree To Disagree’

President Of Euro Parliament Warns Greece Risks National Bankruptcy; Varoufakis Replies: ‘Greece Already Is Bankrupt’

Yanis-Varoufakis

President Of Euro Parliament Warns Greece Risks National Bankruptcy; Varoufakis Replies: “Greece Already Is Bankrupt” (ZeroHedge, Feb 4, 2015):

With the ECB escalating matters this afternoon, the craziness of European leaders talking past one another in an effort to create the next headline-driven narrative continued to gather pace today. That idiocy was nowhere more obvious than when European Partliament President Martin Schulz warned ominously that Greece risks national bankruptcy if it continues down the path of non-agreement when Greek finance minister Yanis Varoufakis has previously explained quite clearly that Greece is already bankrupt

Read morePresident Of Euro Parliament Warns Greece Risks National Bankruptcy; Varoufakis Replies: ‘Greece Already Is Bankrupt’

Greece FinMin: “No U-Turn” In Our Position; “Write-Off Can Occur In Several Methods” Spokesman Adds

Yanis Varoufakis, Greek finance minister

Greece FinMin: “No U-Turn” In Our Position; “Write-Off Can Occur In Several Methods” Spokesman Adds (ZeroHedge, Feb 3, 2015):

Yesterday, when we reported on the FT’s take of the supposed Greek flip-flop, we said that contrary to the official interpretation of Greece ending its demands for a hard debt write-down and replacing it with a proposal for a debt exchange, we stated that “the Greeks themselves realize that this proposal is nothing but a debt haircut under a different name, but hope that Europe will pull an Obamacare and bet on the “stupidity of their own taxpayers” to let it slide without anyone noticing. To wit: “[Varoufakis] said his proposal for a debt swap would be a form of “smart debt engineering” that would avoid the need to use a term such as a debt “haircut”, politically unacceptable in Germany and other creditor countries because it sounds to taxpayers like an outright loss.”

Read moreGreece FinMin: “No U-Turn” In Our Position; “Write-Off Can Occur In Several Methods” Spokesman Adds

Europe Fractures: France ‘Prepared To Support Greece’ In Debt Renegotiations

Europe Fractures: France “Prepared To Support Greece” In Debt Renegotiations (ZeroHedge, Feb 1, 2015):

Despite Angela Merkel’s insistence on numerous occasions this past week that there will be “no debt renegotiations,” it appears a schism at the core of Europe is opening. As France24 reports, following a meeting between France’s finance minister Michel Sapin and Greece’s finance minister Yanis Varoufakis, the press conference had a considerably more amicable tone that Friday’s Dijsselbloem dissing. “France is more than prepared to support Greece,” Sapin said adding that Greece’s efforts to renegotiate were “legitimate.” Sapin urged a “new contract between Greece and its partners.”

As France24 reports,

France’s Socialist government offered support Sunday for Greece’s efforts to renegotiate debt for its huge bailout plan, amid renewed fears about Europe’s economic stability.

Read moreEurope Fractures: France ‘Prepared To Support Greece’ In Debt Renegotiations

Caught On Tape: Dijsselbloem To Varoufakis: ‘You Just Killed Troika’

varr8

Caught On Tape: Dijsselbloem To Varoufakis: “You Just Killed Troika” (ZeroHedge, Jan 31, 2015):

Amid ‘turmoiling’ stock markets on Friday, CNBC’s Simon Hobbs summed up the status quo’s thinking on the new Greek leadership when he noted, somewhat angrily and shocked, “The Greeks are not even trying to reassure the markets,” seeming to have entirely forgotten (and who can blame him in this new normal the world has been force-fed for 6 years) that political leaders are elected for the good of the people (by the people) not for the markets. Yesterday saw the clearest example yet of Europe’s anger that the Greeks may choose their own path as opposed to following the EU’s non-sovereign leadership’s demands when the most uncomfortable moment ever caught on tape – the moment when Eurogroup chief Jeroen Dijsselbloem (he of the “template” foot in mouth disease) stood up at the end of the EU-Greece press conference, awkwardly shook hands with Greece’s new finance minister, and whispered…”you have just killed the Troika,” to which Varoufakis responded… “wow!”

As Keep Talking Greece reports,

Read moreCaught On Tape: Dijsselbloem To Varoufakis: ‘You Just Killed Troika’

George Soros “Trojan Horse” Inside The New Greek Government?

Georg_Soros

George Soros “Trojan Horse” Inside The New Greek Government? – Wayne Madsen (The News Doctors, Jan 29, 2015):

As Greece celebrates the inauguration of its anti-austerity government, the euphoria should be tempered with a bit of realism. Although new Prime Minister Alexis Tsipras, who named his son “Ernesto” after Cuban revolutionary Ernesto “Ché” Guevara, and the vast majority of his new Coalition of the Radical Left (SYRIZA) government have good left-wing and pro-labor credentials, the same cannot be necessarily said of the man Tsipras chose to be Greece’s new finance minister. Yanis Varoufakisis a citizen of Australia who was educated in Britain and worked as a professor at the University of Texas. Europe has witnessed such dual nationals with conflicting loyalties take power in countries in Eastern Europe, most notably in Ukraine, where American Natalie Jaresko became finance minister in order to deliver International MonetaryFund (IMF) and European Central Bank (ECB) austerity “poison pills” to Ukraine.

Read moreGeorge Soros “Trojan Horse” Inside The New Greek Government?