"Varoufakis also insisted that Greece needn’t be forced out of the eurozone. Indeed, there’s no mechanism to exit the single currency.
The euro was never designed to solve a problem such as Greek insolvency, and we’ve had a comedy of errors since, he adds.
So will you repay €1.6bn the IMF?
Varoufakis replies that Greece is due €1.9bn in profits which the ECB made on its holdings of Greek banks.
We owe money to one part of the troika, and we are owed money by another.....
Those profits, though, are likely to vanish from the table if the bailout expires on 30 June (based on what the Eurogroup said yesterday).
http://www.theguardian.com/business/live/2015/jun/28/greek-crisis-ecb-emergency-liquidity-referendum-bailout-live#block-558ff907e4b024248ae9a4e1
Smart people can tell what's going on..............
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