The Greek finance minister speaks on Bloomberg TV. The big difference is debt restructuring and the other differences are smaller. He said he will resign on a YES vote or with more color: I prefer to cut off my arm rather than sign an agreement without debt restructuring.  Tension is growing towards the Greferendum.
Here are some highlights from the colorful finance minister:
- The ECB has been making the rules as it goes along
- Banks will open on Tuesday if the ECB wants
- ECB can easily decide to open the banks
- ECB decision depends on referendum result
- So far, it was extend and pretend
- On a no vote, we will immediately resume talks.
- The June 25th offer will return to the table on a YES.
- The offer was not sustainable.
- I am allergic to extend and pretend.
- Varoufakis will resign on a YES vote
- On a NO vote, there will eventually be an agreement and the ECB will allow an opening of the banks.
- Negotiations can end in one hour if needed.
- The “reforms†are not reforms but just austerity.
- The offer had no credible debt sustainability plan.
- The IMF says the debt is not sustainable
- QE needs to be unleashed for Greece.
- We need to smooth
- We have already been in Chapter 11 since 2012.
- I don’t have a moral right to sign an extend or pretend.
- Investment has dried up because the debt is not sustainable according to the IMF.
- Grexit is always in the air because of the failure of the programs.
- If we sign the deal, we will be closer to Grexit.
- We want to stay in the euro.
- Regarding regime change: no comment.
- The question is: do we challenge the concept of the establishment.
- They know that if we say something, we will do it. It’s not a problem of trust.
- Nobody likes to be told they were wrong.
- I’m going to be here whatever happens.
- I’m still a member of parliament.
- Europe needs to accept the principle of democracy.
- SYRIZA will remain the main force in Greek politics.
- We will not be a second class country, not a debt colony.
- We are going to win on Sunday and achieve our goals.
