The recordings and their transcripts were released by Varoufakis on the website of his ‘pan-European’ DiEM25 party on Saturday. The files –dubbed ‘Euroleaks’– were recorded between February and July 2015, when cash-strapped Athens was entangled in painful talks with its creditors.
In 2015, Varoufakis was the chief negotiator for then-ruling Syriza party, dealing with the Eurogroup and those behind it – the so-called ‘troika.’ It comprises the three main lenders of the eurozone nations – the European Commission, the European Central Bank and the International Monetary Fund.
While the Eurogroup is de-jure an informal group, it is actually a powerful decision-making institute that lacks accountability and transparency – and does not keep any records. The main goal in releasing the recordings is to shed light on its secretive activities, Varoufakis said in a video announcing the Euroleaks.
The Eurogroup’s three does not keep minutes, the European Union Council is still shrouded in total opacity. It’s about time we change that.
The lenders took a tough, ‘take it or leave it’ stance on Greece, effectively presenting it with an ultimatum. At the same time, they blamed Greek negotiators for stalled talks – and no records were available to prove them wrong.
“You will hear the [then-]president of the Eurogroup [Jeroen Dijsselbloem] and other ministers warn me that if I dare table written proposals within the Eurogroup meetings, that would be the end of the negotiations,” Varoufakis said. “At the very same time they were leaking to the press that I was arriving at Eurogroup meetings without any proposals.”
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of The Duran.