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Hans Werner Sinn: Varoufakis acted very prudently and wisely to defend Greek interests

Summary:
Perhaps the best known and respected conservative German economist, Hans-Werner Sinn (Munich University and for many years Chair of Ifo Institute), had this to say in reaction to the claims of various troika officials that I cost Greece billions of euros: “Yanis Varoufakis has acted very prudently and wisely to defend Greek interests… Arguing, conversely, that his policies cost the Greek state money is an absurd distortion of the truth.” Nothing upsets the troika functionaries more than a respected German economist, who advised a sequence of German governments over decades, exposing their campaign of vilification against me. FULL STATEMENT BY PROFESSOR HANS-WERNER SINN (Munich University and formerly Chair of

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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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