Greek FinMin: There’s No Plan B, Only Armageddon

VAROUFAKIS-4Greek Finance Minister Yanis Varoufakis told The Guardian that Greece has no Plan B if negotiations with its creditors fail.

“We constantly hear, ‘if you don’t sign on the dotted line there is going to be Armageddon’. My answer is ‘let it happen!’ There is no fall-back plan. That is my plan B,” Varoufakis said in the interview.

On Monday, there is a crucial meeting with euro zone finance ministers where Greece has to present a viable proposal on the state debt issue.

When the reporter asked him what would happen, the Greek finance minister replied: “Well, that is like asking me what happens if a comet strikes planet Earth. I have no idea. None!”

Asked if he is afraid that Greece’s fate is intrinsically connected to the global economy, Varoufakis answered: “A bit. If I weren’t scared, I’d be awfully dangerous.”

Varoufakis though is not afraid to clash with Germany and its austerity program that instead of pulling Greece out of the crisis, has driven the Greek economy to the ground, leaving one-third of Greeks in poverty.

“We’ve lost everything,” he says. “So we can speak truth to power, and it’s about time we do.”


  1. You are of course right. While Varoufakis proudly boasts how he has no plan B you can bet the Germans have a plan B, C, and D.

    What’s really sad is so many Greeks wildly supported far leftist extremist Varoufakis. All it seems a politician needs to do to get Greek leftist votes is just bribe them with empty promises of handouts. They fall for it over and over and over and over and over again. Nothing will change for Greece for as long as too many Greeks worry more about what they can get from the government than what they can produce as individuals.

  2. I also don’t believe that anything is going to change much in Greece, but I think that Greece needed a change after all. For 4-5 decades, the governing parties were the same, only a few faces were chaning and those were of the same families. Basically, they were inheriting the positions of power from their ancestors and were continuing their work, their corruption techniques etc.
    This is a massive change after a really long time. I don’t know if it’s good or if it’s bad. I suppose time will show. But the fact that they’ve been voted means that people couldn’t handle the situation any longer. They needed at least hope. Syriza gave them hope. It’s too early to jump into conclusions. We can only make assumptions and hope that something’s gonna change towards a better direction.
    Just to make it clear. I do not support any party. I don’t even vote in Greece. I’m just trying to see things objectively as much as I can.


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