[Marxism] DemocracyNow! interviews Yanis Varoufakis

Dayne Goodwin daynegoodwin at gmail.com
Tue Apr 21 09:57:26 MDT 2015

With the debt clock ticking, Greece is fast running out of money. The
country has ordered all state bodies to place their cash reserves in
the nation’s central bank, the Bank of Greece, as it struggles to stay
afloat. Greece is suppose to receive the last installment of its
bailout funds from European creditors, but the country’s new leftist,
anti-austerity Syriza party has expressed concerns about its terms.
The creditors are reportedly pressuring the country to restructure its
labor market and curtail its pension system; Syriza has instead done
the opposite by increasing pension payments to lower-wage workers. On
Friday, eurozone finance ministers will decide whether to release
emergency funds to Greece. Without the funds, Greece may default on
its debt payments in coming weeks and put its membership in the
eurozone at risk. We go to Athens to speak with Greek Finance Minister
Yanis Varoufakis.

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