Friday , March 29 2024
Home / Yanis Varoufakis: Thoughts for the Post-2008 World / PM Theresa May has miscalculated – Op-ed in THE MIRROR

PM Theresa May has miscalculated – Op-ed in THE MIRROR

Summary:
Theresa May has miscalculated her Brexit strategy, says the ­former Greek finance minister who handled his country’s EU negotiations. Yanis Varoufakis, writing exclusively for the Mirror, says the PM’s threat of a “ hard Brexit ” will not make Britain’s departure any easier. Mr Varoufakis said: “By making a hard Brexit the default of the ­negotiating process, Mrs May has secured its credibility. “However, a credible threat can still produce an undesirable outcome.” Mr Varoufakis, who co-founded the reform group ­Democracy in Europe 2025 (DiEM25) expects a frustrating two years for UK negotiators. He saw the methods of EU powerbrokers while securing a Greek bailout. And he says the UK ­negotiating team will get a similarly rough ride. Mr Varoufakis recommends going for a deal like Norway’s – non-membership but with ­access to the single market. Talks begin on April 29. PM may have miscalculated By YANIS VAROUFAKIS, Greece’s former finance minister, and founder of the DiEM25 movement Prime Minister May is keen to avoid a defeat at the hands of EU negotiators determined to do to the UK that which they did to Greece in 2015. Correctly, she has set out to arm herself with a credible threat. The problem is that she may have miscalculated her optimal strategy.

Topics:
Yanis Varoufakis considers the following as important: , , , ,

This could be interesting, too:

Chris Blattman writes The United States is not headed for civil war

Chris Blattman writes Is America on brink of civil war? Such predictions are overblown and dangerous.

Chris Blattman writes Why I think the west should support Ukraine big time, but also why we shouldn’t ignore the risks

Frances Coppola writes The dismal decade

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.

Leave a Reply

Your email address will not be published. Required fields are marked *