Varoufakis: We seek an agreement for a solution to Greece's impasse

May 14, 2015
Written by E.Tsiliopoulos

Finance Minister Yanis Varoufakis, speaking at the Economist conference on Thursday, said that the government is seeking an agreement with the partners that will give a solution to the impasse, that will help the country make a come back.

After five years of implementation of a plan that has failed, the next tranche is not a priority. We aim for an agreement that will give a solution to the country's impasse. Nobody would wish lower supplementary pensions, higher VAT rates just to get the 7.5 billion euro instalment, and then return to the previous situation.

The reason why the negotiations take so long, Varoufakis said, does not have to do with disagreements on a number of issues, as we agree on most of them, but has to do with the fact that the agreement has to help Greece overcome the crisis and break free from the austerity trap, he said.

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