Yanis Varoufakis: Do Europeans Approve of Dr. Schauble's Plan?

July 12th, 2015
in econ_news

Econintersect:  Former Greek Finance Minister Yanis Varoufakis will ask what do Europeans think of what he calls "Dr. Schauble’s Plan for Europe" - a Europe without Greece in the Eurozone.  Mr. Varoufakis will have a column in Die Zeit on Thursday 16 July to address this question to the German and European people.  He says he is asking two questions:

  • Is this a Plan that you approve of?
  • Do you consider this Plan good for Europe?


Follow up:

Yanis Varoufakis says that he wrote this to reveal what he learned during the negotiations over the last five months.  He provides some bullets about 'The Plan':

  • This is no theory.
  • How do I know Grexit is an important part of Dr Schäuble's plan for Europe?
  • Because he told me so!

Here is a pre-publication summary of the Thursday column in Die Zeit:

Five months of intense negotiations between Greece and the Eurogroup never had a chance of success. Condemned to lead to impasse, their purpose was to pave the ground for what Dr Schäuble had decided was 'optimal' well before our government was even elected: That Greece should be eased out of the Eurozone in order to discipline member-states resisting his very specific plan for re-structuring the Eurozone.


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