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Galbraith reveals “Plan B” for Greece

According to Kathimerini daily, Economist James Galbraith in his book reveals the so-called plan B for Greece that was drafted by former Greek Finance Minister Yanis Varoufakis.

The plan foresaw declaring Greece at a state of emergency, the nationalization of Greece’s central bank, the recapitalization of banks by using a new drachma-currency and the payment of salaries and pensions with IOUs.