Varoufakis © epa.
In Greece take the rumors that Finance Minister Yanis Varoufakis be replaced soon. He would “all credibility” lost, writes the weekly newspaper To Vima.
The 54-year-old minister would have prepared themselves poorly to the meeting of eurozone finance ministers, which was held in recent days in the Latvian capital Riga. Moreover, it would not be the first time that the minister would thereby have been noticed by his colleagues. In Riga, he would thereby have become completely isolated. ,, We do not know whether the Prime Minister (Alexis Tsipras) he will “sacrifice” in the hope to save the country ‘, “writes To Vima.
In other Greek media quoted other finance ministers which Varoufakis call an amateur and a gambler.
Varoufakis responded Twitter today on the news. In it he referred to a statement made by the then US President Franklin Delano Roosevelt in 1936. ,,
IMF
The International Monetary Fund (IMF) foresees severe economic problems for Greece as the country would leave the eurozone. It reports the German magazine Der Spiegel on the basis of an internal report of the IMF.
In this fund’s economists would outline their scenarios in case the Greeks would say goodbye to the euro. The experts advise the Greeks thereby release the exchange rate is so going down firmly. Only in this way Greece’s competitiveness could be improved. At the same time imports are more expensive than ever, causing hyperinflation can occur. The Greek central bank would have to combat this situation, including by raising interest rates.
The consequences for the rest of the euro area and the global economy may be relatively limited according to economists. The IMF expects there also remains that Greece, despite its economic problems remain within the eurozone.
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