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Hunt To Punish Varoufakis May Have Found Weak Spot

The hunt to punish the man that dared defy the German banking establishment, former Greek Finance Minister Yanis Varoufakis, just got hotter. And this time, they may have some meat on the prosecutorial bone based on one detail of Varoufakis’s defiant act of considering the creation of a parallel payment system in case the Troika cut off financial liquidity during negotiations.

Varoufakis being challenged for hacking tax system

Ilias Zagoraios, the chief prosecutor of the Athens First Instance Court, appears to know where the soft spot is and is tackling the issue straight ahead. Zagoraios isn’t focusing on the act of Varoufakis creating a parallel payment system, a potential step to an alternative currency to avoid the Troika’s strangulation negotiation technique. As reported in ValueWalk, developing a Plan B in case negotiations faltered was considered “natural” by Goldman Sachs Group Inc (NYSE:GS)...