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4 Eurogroup 24 April, Yanis Varoufakis

Summary:
Yanis Varoufakis: “On the question of liquidity, a colleague mentioned that, suggested or opined that the liquidity problem we have is a natural economic adjustment. Let me beg to differ colleagues. The Greek state lives within its means. Has been doing so for a year now. We have a small but nevertheless positive primary surplus.”

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Yanis Varoufakis:


“On the question of liquidity, a colleague mentioned that, suggested or opined that the liquidity problem we have is a natural economic adjustment. Let me beg to differ colleagues. The Greek state lives within its means. Has been doing so for a year now. We have a small but nevertheless positive primary surplus.”


Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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