The euro is a hybrid of a fixed exchange-rate regime, like the 1980s ERM or the 1930s gold standard, and a state currency. Yanis Varoufakis More Quotes by Yanis Varoufakis More Quotes From Yanis Varoufakis Greater austerity is being demanded from an economy that is on its knees, owing to the heftiest dose of austerity any country has ever had to endure in peacetime, no offer of debt relief. No plan for boosting investment. And certainly, as of yet, no 'Speech of Hope' for this fallen people. Yanis Varoufakis top-news Seven decades later, it is my country, Greece, that needs such a chance. Yanis Varoufakis top-news Over July-August the finance ministry will have to borrow 6.7 billion euros from our partners in one way or the other to repay bonds from the SMP program, about 27 billion euros of those bonds are still left, which should be repaid in the next months or years. These bonds should be pushed back to the distant future. This is clear. Yanis Varoufakis business I started a dialogue with them, saying that I wanted to hear them out, even if that meant that I would be hit, after 15 minutes of a tense but non-violent talk spirits calmed. Yanis Varoufakis world He's creating a number of tensions so that can certainly help the negotiations - but it doesn't change the substance at all. The Greek government ... must finally decide on serious reforms to put the economy back on track. Yanis Varoufakis business We agreed that an agreement will be difficult but it will happen and it will happen quickly because that is the only option we have. Yanis Varoufakis mergers-acquisitions It's not about money, it's a moral question. I would be happy if it was off the table. Yanis Varoufakis business We want a successful Europe, a successful currency union. Yanis Varoufakis business Our intention is to do everything necessary to pay back every single euro. Yanis Varoufakis business The International Monetary Fund repayments of course we are going to prioritize, we are not going to be the first country not to meet our obligations to International Monetary Fund. Yanis Varoufakis world We don't want to sell the family silver of the Greek state at insultingly low prices. Yanis Varoufakis company-news We will continue to deliberate, in order to enhance the chances and actually achieve a very good outcome for the average European. Yanis Varoufakis most-read-articles I have no doubt that, within the next 48 hours Europe, is going to come together and we shall find the phrasing that is necessary so that we can submit it and move on to do the real work that is necessary. Yanis Varoufakis top-news It was my ambition to agree on the steps to take the next couple of days so we could spend them well and make more progress between now and Monday, unfortunately we've not been able to do that so we will continue our talks on Monday and move on from there. Yanis Varoufakis world We understand each other much, much better now than we did this morning, so I think this is a major achievement because, you know, from understanding, the agreement follows. Yanis Varoufakis world It's not that the current reform program is to be discarded altogether. I would say that 60-70 percent of what in that list consists of moves and measures that we should want to take ourselves. Yanis Varoufakis world We outlined to him the main objectives of this government, which is to reform Greece in a way that has never been tried before and with a determination that was always absent, we also stated categorically that the debt-deflationary cycle in which Greece finds itself is detrimental to all efforts to reform Greece. Yanis Varoufakis business Because I spent many years during my previous life as an academic researching game theory, some commentators rushed to presume that as Greece's new finance minister, I was busily devising bluffs, stratagems and outside options, struggling to improve upon a weak hand. Nothing could be further from the truth. Yanis Varoufakis game finance truth life The social inefficiency of capitalism is going to clash at some point with the technological innovations capitalism engenders, and it is out of that contradiction that a more efficient way of organising production and distribution and culture will emerge. Yanis Varoufakis will capitalism culture way Simple logic dictates that if you cannot even conceive the possibility of leaving a negotiation, then it is preferable never to enter one. Yanis Varoufakis never you leaving simple
