The Imminent Collapse of The EU

UK news 24 – UNR.

Yanis Varoufakis has warned that Europe is at risk of disintegration and that this could come at great human cost.

Speaking to CNBC in London Tuesday, Varoufakis, who served as Greek finance minister in 2015, said evidence of this was everywhere to be seen from the Italian banking sector to the French economy and insisted that “politics disintegrates when the economy is unsustainable.”

Referring to Britain’s decision to leave the European Union in June, he said that “I wish Brexit had not happened.”

Controlling immigration numbers is viewed as one of the main reasons the majority of the Britons voted to leave the European union in Jun, he added.

Varoufakis has also criticised the EU’s handling of migrants highlighting the complete mismanagement of dealing with the huge influx, ” in a time Europe is on the verge of another economic and social crisis this is the last thing we need ” Varoufakis said.


Getty images .

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