Even after his resignation, former Greek Finance Minister Yannis Varoufakis makes more headlines: A report by the English-language Greek newspaper “Kathimerini” According Varoufakis said to have been commissioned by Prime Minister Alexis Tsipras to using a hacker to develop a parallel banking system. It should serve as a possible payment system if Greek banks would close WGEN illiquidity. Quasi push-button should be the system also can switch from euros to drachma. Varoufakis have been awarded the contract in December 2014 ie before Syriza came to power. Later Tsipras have however refrained from the plan.
Secret Team at Treasury
As “Kathimerini” reported Varoufakis told of the plan in a conference call with hedge fund managers on July 16. The newspaper should be a recording of the conversation. Former Finance Minister does not deny: The quotes were correct, Varoufakis told the British “Telegraph”. However, it had acted as an alternative plan. The government had not worked from the outset on a Grexit.
This alternative plan has, however, in itself. A little secret team in the Ministry of Finance should be access to the system on the top tax authorities of Greece have procured that should have been under the control of creditors institutions. “We decided to invade us in the software of my own ministry,” Varoufakis reported to have said in the interview with the financial experts. But he apparently recruited college friend who now works as a computer science professor at Columbia University in New York.
Parallel banking system
The team of Varoufakis should use the data of citizens and companies from the chopped control system to build a parallel banking system. This should allow the Greek citizens financial transactions if the ECB the Greek banking system should no longer provide them with liquidity. “That would have built a parallel banking system, which would have given us a respite after the ECB, the banks closed,” citing “Kathimerini” the former finance minister.
Read more about
In the conversation with the managers Varoufakis also says that the government would have no mandate of the Greek population to withdraw from the euro. However, it had a mandate to act stubbornly possible with the creditors. His interpretation to the end with a to consider an exit from the euro zone, is not a viable agreement should come into being.
You can acquire the rights to this article
<- ========= Confirmation page:.! Will be loaded by JS if submission is successful === ============ ->
.
No comments:
Post a Comment