Former Greek finance minister Yanis Varoufakis has said the latest Greek bailout deal “is not going to work”.
Mr Varoufakis, speaking on the BBC’s World at One, said that others negotiators in Tuesday’s agreement felt the same way.
He said: “The Greek finance minister… says more or less the same thing.
He added that he had seen the “finance minister of Germany go to the Bundestag and effectively confess this deal is not going to work”.
“The International Monetary Fund… is throwing up its hands collectively despairing at a programme that is simply founded on unsustainable debt… and yet this is a programme that everybody is working towards implementing.”
Mr Varoufakis was removed from the talks early last month and replaced by the present finance minister Euclid Tsakolotos.
He added: “Ask anyone who knows anything about Greece’s finances and they will tell you this deal is not going to work,”
