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Varoufakis after meeting with Draghi: “It was fruitful, we have excellent communication line”

“We had a fruitful meeting,” Greek Finance Minister Yanis Varoufakis told reporters after the meeting with European Central Bank head Mario Draghi. He added that “we have an excellent communication line, which gives me courage for the future.”

“Greece put its message at negotiations table” he said further with reference to the Greek government positions on how to solve the debt crisis.

According to Greek media, the ECB was “negative” to Greece’s demands that the ECB pays “1.9 billion euros of profit that the ECB made buying Greek bonds at firesale prices earlier in the crisis.”

Nevertheless, meetings between Greece and ECB are expected to continue.

Greek government plans “a six-week bridge agreement starting at the end of the month could be the first step toward a more comprehensive accord that might be reached in June, Varoufakis told Italy’s Ansa newswire on Tuesday, while in Rome with his Italian counterpart.

Yanis Varoufakis will meet with German Finance Minister Wolfgang Schaeuble, tomorrow, Thursday.

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One comment

  1. Considering that the ECB stopped accepting Greek bonds as collateral for granting liquidity it seems that Draghi was not honest in this discusion. Or Varoufakis was too scared to break the news himself.