A secret group inside the Greek finance ministry led by then finance minister Yanis Varoufakis hacked into Greece’s government computer system to secretly develop a “Plan B” to exit eurozone, attempting to create an option to transition to the drachma with the “flick of a button,” according to a private recording released Monday. Varoufakis working on electronic payment system In the 23 minute conversation, Varoufakis said they had worked to create an electronic payment transfer method by using the tax system, but did so without the tax minister’s knowledge because this person was “fully controlled by the Troika.” Before they won…
Varoufakis Was Working On "Plan B" For Drachma Return, Recordings Reveal
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.