Quotes from the news wire:
This is a matter that we'll have to work overnight on with the appropriate authorities both here in Greece and in Frankfurt.
– Greek Finance Minister Yanis Varoufakis
The institutions are going to look again at the two documents - our documents and their own. There will be discussions with the Greek government and we'll continue until we find a solution.
– Greek Finance Minister Yanis Varoufakis
The people have given our government a clear mandate.
– Greek Finance Minister Yanis Varoufakis
I trust an agreement will be in the next days or... weeks.
– Greek Finance Minister Yanis Varoufakis
Our task is to convince our partners that our undertakings are strategic, rather than tactical, and that our logic is sound.
– Greek Finance Minister Yanis Varoufakis
Our government is eager to rationalize the pension system (for example, by limiting early retirement), proceed with partial privatization of public assets, ...create a fully independent tax commission.
– Greek Finance Minister Yanis Varoufakis
The differences that remain concern how we understand the relationships between the various reforms and the macro environment.
– Greek Finance Minister Yanis Varoufakis
Our government is eager to rationalize the pension system (for example, by limiting early retirement), proceed with partial privatization of public assets, address the non-performing loans that are clogging the economy's credit circuits, create a fully independent tax commission, and boost entrepreneurship, the differences that remain concern how we understand the relationships between the various reforms and the macro environment.
– Greek Finance Minister Yanis Varoufakis
My proposal was that Greece should simply announce that it is defaulting ... and stick the finger to Germany and say 'you can now solve this problem by yourself'.
– Greek Finance Minister Yanis Varoufakis
The video was faked, without doubt.
– Greek Finance Minister Yanis Varoufakis
European Union partners will be spaced out in an optimal way, in a way that is in tune with our bargaining stance in Europe and also with the fiscal position of the Greek state.
– Greek Finance Minister Yanis Varoufakis
European Union partners never said European Union partners're going to renege on any promises, European Union partners said that European Union partners promises concern a four-year parliamentary term, european Union partners will be spaced out in an optimal way, in a way that is in tune with our bargaining stance in Europe and also with the fiscal position of the Greek state.
– Greek Finance Minister Yanis Varoufakis
QE is all around us and optimism is in the air, at the risk to sound the party pooper... I find it hard to understand how the broadening of the monetary base in our fragmented and fragmenting monetary union will transform itself into a substantial increase in productive investments.
– Greek Finance Minister Yanis Varoufakis
I'd like for Europe to understand that this would be a way of paying back more money, not less.
– Greek Finance Minister Yanis Varoufakis
The application will be written in such a way so that it will satisfy both the Greek side and the president of the Eurogroup.
– Greek Finance Minister Yanis Varoufakis
If a debt can no longer be paid off then that leads to a haircut, what is critical is that Greece's debt cannot be paid off in the near future.
– Greek Finance Minister Yanis Varoufakis
We're not seeking a clash. We will do everything to avoid it.
– Greek Finance Minister Yanis Varoufakis
I would warn anyone who is considering strategically amputating Greece from Europe because this is very dangerous, who will be next after us? Portugal? What will happen when Italy discovers it is impossible to remain inside the straitjacket of austerity?
– Greek Finance Minister Yanis Varoufakis
The euro is fragile, it's like building a castle of cards, if you take out the Greek card the others will collapse.
– Greek Finance Minister Yanis Varoufakis
Italian officials, I can't tell you from which big institution, approached me to tell me they backed us but they can't tell the truth because Italy also risks bankruptcy and they are afraid of the reaction from Germany, let's face it, Italy's debt situation is unsustainable.
– Greek Finance Minister Yanis Varoufakis
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