Greece Minister Yanis Varaufakis Admits Experimenting with Parallel Payment System

Former Greece Finance Minister Yanis Varaufakis has confirmed to have been involved in the development of a parallel payment system in the wake of the nation’s debt crisis.

As per a teleconference transcript, dating back to last December, obtained by the right-wing Greek daily Kathimerini, the said Syriza party member had created a contingency plan only after getting the nod from the Prime Minster Alexis Tsipras. The so-called plan was focused on creating the Euro liquidity if, in case, the European Central Bank calls to cut off the emergency funding to Greece.

“The prime minister, before we won the election in January, had given me the green light to come up with a Plan B,” Varaufakis had told his interlocutors. “And I assembled a very able team, a small team as it had to be because that had to be kept completely under wraps for obvious reasons.”

By saying so, the aforementioned team would hack into the government’s databases to steal taxpayers’ information. This stolen data would be used to create a parallel payment system in case the banks would close. However, Varaufakis’s close associate managed to control only hardware, but was still far behind controlling the software that was allegedly being

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