Varo­ufakis hits out at gov’t again

Ex-FinMin ac­cuses ad­min­is­tra­tion of copy­ing pre­de­ces­sors it had con­demned

Kathimerini English - - Front Page -

Con­tin­u­ing the war of words with the gov­ern­ment he used to serve, for­mer fi­nance min­is­ter Ya­nis Varo­ufakis has hit out at Prime Min­is­ter Alexis Tsipras over his ad­min­is­tra­tion’s bond is­sue, ac­cus­ing his for­mer com­rade of hypocrisy in adopt­ing the very tac­tics of the pre­de­ces­sors that he had con­demned.

In a state­ment posted on his per­sonal web­site late on Mon­day after the gov­ern­ment an­nounced that it would be is­su­ing five-year bonds, Varo­ufakis noted that, while in op­po­si­tion, Tsipras had con­demned con­ser­va­tive pre­mier An­to­nis Sa­ma­ras for tap­ping the bond mar­ket, declar­ing that the move would only ben­e­fit for­eign banks and in­vestors.

“The Tsipras gov­ern­ment to­day is sim­ply rolling over pre­cisely the same bond that the Sa­ma­rasV­enize­los-Stournaras gov­ern­ment is­sued in 2014,” Varo­ufakis wrote, re­fer­ring to for­mer PASOK leader Evan­ge­los Venize­los and then fi­nance min­is­ter Yan­nis Stournaras. “This is a re­mark­able U-turn by Mr Tsipras and his min­is­ters,” Varo­ufakis de­clared.

Varo­ufakis’s dig came a few hours after he re­sponded to Tsipras’s sug­ges­tion that his ap­point­ment was a “big mis­take” by re­fer­ring to a “deep in­co­her­ence.” “Ei­ther I was the right choice to spear­head the ‘col­li­sion’ with the troika of Greece’s lenders be­cause my plans were con­vinc­ing, or my plans were not con­vinc­ing and, thus, I was the wrong choice,” he wrote in a let­ter to The Guardian.

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