Varoufakis Charges Eurogroup with Bad Faith Dealing in Negotiations

Posted on February 16, 2015 by Yves Smith published at Naked Capitalism

You must watch the press conference with Yanis Varoufakis. In the nicest possible manner considering the circumstances, he describes how he was presented with a memorandum prior to the Eurogroup meeting that he found acceptable and was presented with a different and unacceptable memo, at Eurogroup head Jeroen Dijsselbloem’s instigation, at the top of the session. I don’t see Varoufakis as having insinuated what Mason attributes to him, but it is certainly a logical inference that the Germans were behind this stunt.

Screen Shot 2015-02-17 at 13.10.22

Varoufakis reiterated he’d be happy to sign the older memo or a reasonable variant of it any time. He also does an impressive job of staying upbeat and on message under what have to be trying circumstances.

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