Greece has 'fruitful' meeting with ECB, Germany says won't accept austerity roll-backs
- 9 years ago
The European Central Bank was the latest stop for Greek Finance Minister Yanis Varoufakis as he tours the region searching for a solution to his country’s financial crisis.
After Wednesday’s encounter with ECB head Mario Draghi, he spoke of “very fruitful” talks on the bank providing emergency funding to some Greek banks.
Varoufakis also promised real reforms from the new government: “In a way that has never been tried before and with a determination that was always absent.”
He told reporters“I had the opportunity to present to [Draghi] our government’s utter and unwavering determination that it can’t possibly be business as usual in Greece, both in terms of the reforms that we need in order to end the various malignities that have afflicted the Greek economy and society for so many years. And also in terms of a programme that has been leading to or fueling the deflationary crisis in our nation, thus causing a major humanitarian crisis.”
We have also learned that Varoufakis ha
After Wednesday’s encounter with ECB head Mario Draghi, he spoke of “very fruitful” talks on the bank providing emergency funding to some Greek banks.
Varoufakis also promised real reforms from the new government: “In a way that has never been tried before and with a determination that was always absent.”
He told reporters“I had the opportunity to present to [Draghi] our government’s utter and unwavering determination that it can’t possibly be business as usual in Greece, both in terms of the reforms that we need in order to end the various malignities that have afflicted the Greek economy and society for so many years. And also in terms of a programme that has been leading to or fueling the deflationary crisis in our nation, thus causing a major humanitarian crisis.”
We have also learned that Varoufakis ha