Varoufakis: Tories will use fear of Greek-style collapse to attack Labour anti-austerity

‘Former Greek Finance Minister Yanis Varoufakis warned Labour Party leader Jeremy Corbyn and his new frontbench team that Tory opponents would mount a campaign of fear against their anti-austerity message.

Varoufakis addressed Corbyn, Shadow Chancellor John McDonnell and Shadow Secretary for International Development Diane Abbott at a Peoples’ Assembly Against Austerity event on Monday night.

He told the Labour ministers they are embarking upon a path that will “not be rosy.”’

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