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Greek FM Varoufakis says that Greece does not need an additional bailout if the country’s debt is restructured

The Varoufakis statement came after the Syriza government resumed talks with the troika of international creditors to unlock 7.2 billion euros ($8 billion).

In an incredible sign of weakness and desperation, Greek PM Alexis Tsipras folded to the EU’s dictator’like demands by removing Varoudakis from the Eurogroup negotiating team and placing ‘EU friendly’ Greek Deputy Foreign Minister Euclid Tsakalotos at the helm of a new group conducting the negotiations with creditors.

This is not going to end well for Greece. When you show the sociopaths in Brussels weakness, you best be prepared to be gutted.


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