Business | Daily | Tourist
INFORMATION SERVICES

ATHENS – New Greek Finance Minister Yanis Varoufakis said bailout deals previous governments signed with international lenders were “a toxic mistake” he intends to reverse.

Varoufakis, an economist an blogger appointed by Prime Minister and SYRIZA leader Alexis Tsipras said he will try to reach an agreement with the Troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) with different terms.

During a handover ceremony Jan. 28, Varoufakis said that the new administration is determined to change the logic of how the crisis is tackled in which former administrations had imposed harsh austerity measures while neglecting growth or tackling tax evasion.

SYRIZA’s election victory, Varoufakis said, “is a chance for a new start, a reboot for the whole of Europe.”

Varoufakis  said that the Finance Ministry plans to reduce the number of advisers and rehire cleaning ladies fired by the coalition government led by former Premier and New Democracy Conservative leader Antonis Samaras.

The post Varoufakis Says Bailouts “Toxic Mistake” appeared first on The National Herald.

Source: The National Herald
Share it now!
More
Who We Are

GQS acts as an “information representative” providing a variety of accurate and authoritative analytics and responses About Greece. Our field of expertise ranges from simple Daily Life questions related to Tourism or the History of Greece, up to large Business related projects such as Economic Research, Human Resources Selection or Real Estate Services.

Find out more

Contact Us

Are you interested in obtaining any kind of information about Greece?

Let us help you!

If your requirements go beyond simple services and you want specialized information, you will receive a detailed email for any charges.

  • Weather

    Locations:
    Athens
    October 17, 2017, 2:20 pm
    Partly sunny
    Partly sunny
    26°C
    real feel: 26°C
    current pressure: 1020 mb
    humidity: 38%
    wind speed: 4 m/s N
    wind gusts: 10 m/s
    UV-Index: 3
    sunrise: 7:35 am
    sunset: 6:45 pm
     
  • Currency