We Are at Hotel California, Greek FinMin Says

“The last line in Hotel California explains where we are: you can check out any time, but you can never leave.”

Greece’s new Finance Minister Yanis Varoufakis commenting to Bloomberg Radio in May 2012. The economics professor at the University of Athens, who announced his appointment as finance minister on his personal blog on 27 January 2015 following the victory of anti-austerity radical left party SYRIZA in Greece’s snap elections, has been arguing since the beginning of the crisis that the country should default while staying a member of the eurozone.

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