Greece's Ex-Finance Minister: Bailout Reforms Will 'Fail'

July 18, 2015 2:20 PM

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Former Greek Finance Minister Yanis Varoufakis reacts during a parliamentary session in Athens, earlier this week. In an interview with the BBC, Varoufakis said reforms in exchange for new bailout money "will fail."

Former Greek Finance Minister Yanis Varoufakis, who was forced out of his job as part of a new bailout deal to keep Athens in the euro zone, tells the BBC that the austerity measures that come with the agreement are "going to fail."

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