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Greek FM: Troika austerity ‘like being waterboarded by CIA’

EconomyGreek FM: Troika austerity 'like being waterboarded by CIA'
Greek Finance Minister Yanis Varoufakis
Greek Finance Minister Yanis Varoufakis

(AA) – The Greek finance minister has compared the imposition of “austerity” policies on Greece by the EU to being “waterboarded by the CIA”.

Speaking in an interview to be published in German magazine Der Spiegel on Saturday, Yanis Varoufakis called for Germany to write off some of his country’s €240 billion ($270 billion) of debt.

He said: “Everyone knows Greece will never be able to bear its current debt burden without a new agreement.”

“Germany should agree to a write down of Greece’s debt.”

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