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Varoufakis comments ahead of Eurogroup talks

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(7 Mar 2015) Greek Finance Minister Yanis Varoufakis said on Saturday that his country's government is discussing economic reforms with the eurogroup in a manner that would be "mutually beneficial". "There is no question that we want reforms or will carry out reforms," he said on the sidelines of a conference in Venice. Greece's new radical left government was elected in January on pledges to drastically ease social pain in a barely solvent country ravaged by economic depression But after a clash with its European creditors, the government has watered down some of their plans and pushed back on many of those promises, drawing criticism even from within the ruling Syriza party. Italian Finance Minister Pier Carlo Padoan also attended the Venice conference, and Varoufakis said that

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(7 Mar 2015) Greek Finance Minister Yanis Varoufakis said on Saturday that his country's government is discussing economic reforms with the eurogroup in a manner that would be "mutually beneficial".

"There is no question that we want reforms or will carry out reforms," he said on the sidelines of a conference in Venice.

Greece's new radical left government was elected in January on pledges to drastically ease social pain in a barely solvent country ravaged by economic depression

But after a clash with its European creditors, the government has watered down some of their plans and pushed back on many of those promises, drawing criticism even from within the ruling Syriza party.

Italian Finance Minister Pier Carlo Padoan also attended the Venice conference, and Varoufakis said that Italy has had major successes following a "decade of stagnated development".





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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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