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Athens Macedonian News Agency: News in English, 16-05-19
CONTENTS
[01] Varoufakis' 'brave' negotiation with the troika cost Greece 86 bln
euros, says central banker
[01] Varoufakis' 'brave' negotiation with the troika cost Greece 86 bln
euros, says central banker
Bank of Greece Governor Yiannis Stournaras slammed the negotiations
conducted by former finance minister Yanis Varoufakis and former chairman
of the Council of Economic Advisers Nikos Theoharakis on Thursday,
saying they resulted in an additional 86 billion-euro burden for the
Greek people.
Stournaras was speaking at an event organised by the Hellenic Observatory
at the London School of Economics. He was responding to comments made
by Theoharakis earlier in which he described the previous New Democracy
government, in which he participated as finance minister, as "colonial".
"He (Theoharakis) failed though to admit that the 'brave' negotiations
that he and Yanis Varoufakis led, which led to the change of the name of
the troika to institutions and removed the troika from the ministries
to the Hilton, had also a cost. If we assume that what he described
were benefits, the cost of course was 86 billion euros," the central
banker said.
"That was the third memorandum and the capital controls that have
been imposed after 45 billion euros of deposit outflows. And these
capital controls have been imposed in order to safeguard financial
stability following the 'brave' negotiations of Mr. Theocarakis and
Mr. Varoufakis. I am sorry to say that, but I had the obligation to put
the record straight," he added.
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