Greek Deal is 'A Coup D'Etat Using Banks Instead of Tanks' - Former FinMin Varoufakis

Former Greek Finance Minister Yanis Varoufakis has given his first interview since he resumed office.

“If our party Syriza, that has cultivated so much hope in Greece – to the extent that we managed to score 61.5% in the recent referendum – if we betray this hope and if we bow our heads to this new form of postmodern occupation, then I cannot see any other possible outcome than the further strengthening of Golden Dawn,” Varoufakis said, as quoted by The Guardian.

The former minister said that the new deal contracted by Greece might easily be compared to the Treaty of Versailles and ‘’ a coup d’?tat which used banks instead of tanks’’.

In a comment for the Radio National of UK, Varoufakis also expressed some regret at submitting his resignation, saying that ‘’ he jumped more than he was pushed’’.

Further elaborating on the Greek referendum and the majority vote against the austerity measures and proposals, Varoufakis blamed the situation on the EU and on Germany in particular as proposing an ‘’ultimatum’’.

“I had assumed, and I believe so had the prime minister, that our support and the no vote would fade exponentially, but the Greek people overcame fear, they set aside their pecuniary interests, they ignored the fact their savings could not be accessed, and they gave a resounding, majestic no to what was in the end an awful ultimatum on behalf of our European partners,” Varoufakis said.

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