This is a must read!:
"Greece’s Proposals to End the Crisis: My intervention at Today’s Eurogroup" by Yanis Varoufakis originally blogged by Yanis Varoufakis
"The only antidote to propaganda and
malicious ‘leaks’ is transparency. After so much disinformation on my
presentation at the Eurogroup of the Greek government’s position, the
only response is to post the precise words uttered within. Read them and
judge for yourselves whether the Greek government’s proposals
constitute a basis for agreement."
(YV)
(edit)..."Structural reforms promote growth potential. But mere cutbacks in an economy like Greece’s promote recession. Greece must adjust by introducing genuine reforms. But at the same time, going back to Dr Blanchard’s answer, the institutions need to adjust their definition of growth-enhancing reforms – to acknowledge that parametric cuts and tax hikes are not reforms and that, at least in the case of Greece, they have undermined growth...(edit) (YV
(edit) ...Our proposal on this front is simple, efficient and mutually beneficial. We propose no new monies, not one fresh euro, for our state. Imagine the following three-part agreement to be announced in the next few days...." (edit) (YV) View original blog post
(YV)
(edit)..."Structural reforms promote growth potential. But mere cutbacks in an economy like Greece’s promote recession. Greece must adjust by introducing genuine reforms. But at the same time, going back to Dr Blanchard’s answer, the institutions need to adjust their definition of growth-enhancing reforms – to acknowledge that parametric cuts and tax hikes are not reforms and that, at least in the case of Greece, they have undermined growth...(edit) (YV
(edit) ...Our proposal on this front is simple, efficient and mutually beneficial. We propose no new monies, not one fresh euro, for our state. Imagine the following three-part agreement to be announced in the next few days...." (edit) (YV) View original blog post
Digital Photograph From: "The State of Greece" Photographic Series
c. 2015 Triada Samaras