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The Annotated 15th June 2017 Eurogroup statement on Greece

Summary:
Extending (again) the extending-and-pretending Eurogroup policy on Greece’s never-ending crisis Back in August 2015, while sitting gloomily in the Greek Parliament during the sad, long night leading to the voting in of the 3rd MoU, I found solace in annotating the MoU’s text. Last night, I felt the need to repeat that wretched ritual once more, this time with the 15th June 2017 Eurogroup statement on Greece. (In blue you see the Eurogroup’s statement text – my annotations in red) [To download this document in pdf click here.] Orwell’s doublespeak revisited, as the troika rejoices at having agreed to pay itself, once again The troika, that hides behind and is the motive power of the Eurogroup, has imposed

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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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