Hard-left Greek ministers plotted to bring back the drachma

Two former ministers in the government of Alexis Tsipras were scheming to blow up the bailout talks with Greece's creditors and bring about a return to the drachma, thus exiting the eurozone. It's unknown if Tsipras had knowledge of these plans, but the steps these ministers were willing to take were so toxic that implementing them would have enraged most Greek citizens. Reuters: It is not clear how seriously the plans, attributed to former Energy Minister Panagiotis Lafazanis and former Finance Minister Yanis Varoufakis, were considered by the government and both ministers were sacked earlier this month. However the reports have been seized on by opposition parties who have demanded an explanation. The reports came at the end of a week of fevered speculation over what Syriza hardliners had in mind as an alternative to the tough bailout terms that Tsipras reluctantly accepted to keep Greece in the euro. Around a quarter of the party's 149...(Read Full Post)