Ex-minster Lafazanis proposes plan for exiting the euro - iefimerida.gr

Ex-minster Lafazanis proposes plan for exiting the euro

NEWSROOM IEFIMERIDA.GR

Former energy minister Panagiotis Lafazanis late on Monday presented a plan which laid the groundwork for a return to the drachma.

Lafazanis, a Marxist hardliner and leader of the Left Paltform - a radical left-wing fraction within Syriza-, has always been on record for being in favor of a “Grexit”(Greek exit from the eurozone).

In an event organized by Iskra - a radical leftwing website sponsored by Syriza's Left Platform – Lafazanis, launched an attack against the government and presented the basic principles of his plan.

As ANA – MPA news agency reports: Lafazanis spoke of bank nationalization, wealth redistribution through a new tax system, the restoration of democratic legitimacy and the transparency in the media and the write off of the greatest part of the debt.

He also suggested the establishment of a national currency, stressing that the exit from the eurozone is not a disaster.

"In the first phase of transition there will be difficulties, but the exit accompanied by progressive policies will lead to the rapid restoration of the economy," he added, while proposing "the opening of the forbidden debate on the national currency within SYRIZA."

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