Syriza Needs Alliance Against German "Beggar Thy Neighbor" Policies (TRNN-Interview part 1)
The full text of the interview is copied below.
PAUL JAY, SENIOR EDITOR, TRNN: Welcome to The Real News Network. I’m Paul Jay.
The new Greek foreign minister, Yanis Varoufakis, has told Europe, instead of writing off Greece’s debt, they’re proposing a kind of debt swap.
Now joining us to analyze what this is and what possible success it might have is Heiner Flassbeck. Heiner now joins us from Germany. Heiner was the former director of the Division on Globalization and Development Strategies at the United Nations Conference on Trade and Development, otherwise known as UNCTAD, and he’s a co-author, with Costas Lapavitsas, who is a new member of the Greek Parliament, of a book called Against the Troika: Crisis and Austerity in the Eurozone.
Thanks very much for joining us.
HEINER FLASSBECK, COAUTHOR, AGAINST THE TROIKA: Thank you for having me.
JAY: So, first of all, explain what is Varoufakis proposing here in this debt swap? [...]