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Varoufakis recordings: Eurogroup dirty laundry to be released March 10

“You can hear Schaeuble’s voice saying that the profits from Greek bonds he wanted for the German budget,” Yanis Varoufakis revealed in an interview ahead of the controversial release of his secret recordings from the Eurogroup sessions in the first half of 2015.

“Don’t you want to hear Schaeuble speaking about the ECB’s profits from the Greek bonds?” he said in an interview with Skai TV late on Thursday.

Stressing that the promise to Samaras’ government in 2012 was that the profit would return to Greece, Varoufakisrevealed that then German finance minister Wolfgang Schaueble said during a Eurogroup meeting: “No, I need the for my budget. I have no obligation to pass it on to German citizens so that they understand what their own finance minister is doing in their own name. There is no democracy without transparency.”

He revealed that then Eurogroup head Jeroen Disslebloem had threatened with closure of the banks already at the first  meeting in February 2015.

He pointed out that the lenders”took back what they had promised” and “started to lie,” adding that he was expecting “a war.”

he revealed that IMF’s officer in charge of Greece Poul Thomsen and he had agreed on the Value Added Tax issue. “While we were preparing the announcements, he took everything back demanding [a new deal?] on Labor issues,” Varoufakis said adding “that’s lack of word of honor.”

The world has to learn all these things during the negotiations, it has to hear “how we argued when they were giving deadlines to Greece.”

He accused the EU lenders of cheating saying “they never went to the meetings with proposals, but they would come out and claim I was going there with proposals.”

This is what the world has to learn. They had never come up with suggestions and they went out and said that I was going there without suggestions. This is what the world has to learn. You have to hear how they were cheating on the ultimatums they were giving to Greece, “he said, and said if there would be any legal implications for their publication:

Varoufakis announced that the unedited audio recordings will be uploaded on the website of his party MeRa25 on March 10, 2020. He added that he was not aware there were no minutes of the Eurogroup sessions, therefore there are no recordings of the first three sessions. The recordings are from some ten meetings.

Explaining his motives to release the recordings now, he said he has been bothered at  “50% from the SYRIZA’s [recent] governance review and 50% by Greek finance minister Christos Staikouras’ claims in the Parliament. He said that Varoufakis is to blame for the red loans and  that he has 40% responsibility for what he did in the Eurogorup.”

“Greeks must know what happened in that meeting,” Varoufakis stresses.

“It is my European duty to publish them,” he added, ‘so that also German citizens learn how their economic police is built.”

Varoufakis said that he has been thinking about possible legal implications for publishing the recordings.

“But there is a Supreme Court decision that covers me. Nevertheless as it is the public interest dictating this, I will do it, both for Greece and Europe” he said.

“Schaeuble is no different than someone who asks for fakelaki,” i.e. money under the hand, Varoufakis stressed, still furious about the ex German fiance minister.

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  1. Panagiotis Afstee-ros

    Greece bailed French and German banks, imagine poor people bailing rich banks.

    Yet, this undemocratic EU illegally closed Greece’s banks to destroy Greece’s democracy in a nation where it was born, with a referendum larger than Britain’s Brexit vote.

    They forced even greater punishment as people suffered a decade to pay rich banks and wily Wolfgang even suggested that Greece leave or that he would not have taken the deal.

    Everyone knows how the EU waterboarded Greece, waited last minute to force loans and concessions (when germany never repaid war loans that also forced back then let alone reciprocate any debt relief today). How can a bankrupt country repay, worst yet, having their ability to repay cut.

    Imagine rich fat cats punishing a modern western nation’s people into a depression (not recession) for a decade.

    They came back with banks than tanks by a nation who tried to destroy a Europe twice.

    What good is Yanis illustrating the Trump like horrors in the so called union of bullies and dictators benefiting one nation greatest at the enslavement of its subordinates,

    Never mind DiEM, he should be advocating the destruction of the EU than supporting it


  2. I’m German and I only came across this article today. Thanks a lot for this interesting article. I much appreciate Varoufakis’ cover up even though I’m not in favor of Varoufakis for the same reasons that Panagiotis pointed out in his comment. I will share this article with all my friends. It probably won’t take long until the EU will break apart – EU politicians are so eager to hold on the sick patient – the EU – but the patient cannot be cured as those sitting in the EU commission don’t resolve the problems. Their only interest is to fill their own pockets with money. The EU politicians don’t make politics for the EU citizens They make politics to keep the bank system running. They even put illegal immigrants first while immigrants within the EU have to pass tests and have to proof their citizenship. The laws do not apply equally to the people and the EU citizens are discriminated against illegals coming to our counties. They ruin our beautiful Europe which used to be such a beautiful place with each EU country having it’s own beauty. On top we now have to deal with the Corona virus because of the no border policies. Let’s get rid of the EU and those who are ruling us. The EU has been build on a wobbly fundament, which they never managed to fix. All the best from Germany to all the kind and hospitable Greek people I meet every year in Greece when I’m on vacation. Thanks – you are amazing!