Greece braces itself for ‘rupture’ as politicians plot £74 billion Grexit default plan

‘Greek politicians are calling on Prime Minister Alexis Tsipras to default on EU bailouts and renegotiate with their lenders.
And the country’s former finance minister Yanis Varoufakis has blasted the German finance minister Wolfgang Schaeuble also directing his ire towards the EU Monetary Affairs Commissioner, ECB negotiators and the French Finance minister accusing them of lying to entice Greece into a dodgy bailout deal.
Alexis Tsipras is facing a major backlash in the Greek polls two years after he pledged to end “austerity” and fight back against “humiliation and suffering.”
Now former Syriza finance minister Mr Varoufakis says the country can use its “parallel payment system” strategy developed in 2014 in a bid to rupture current deals so they can renegotiate.’
Read more: Greece braces itself for ‘rupture’ as politicians plot £74 billion Grexit default plan