For Europe’s sake Greece must renege on its bailout commitments – my op-ed in Le Monde by Yannis Varoufakis 25 May 2012 Le Monde commissioned me to write an op-ed explaining my view that it is in Europe’s interest that Greece resists the ‘terms and conditions’ of its bailout package while staying within the eurozone. In effect, to explain why there is no contradiction between (a) the Greek people’s determination to stay in the eurozone, and (b) their tendency to vote overwhelmingly for parties that reject the terms of the ‘bailout’. For the french version, as published in Le Monde, click: Le prochain gouvernement doit refuser les termes de l’accord de “sauvetage” For the english (original) version, read on … For Europe’s sake Greece must renege on its bailout commitments Conventional wisdom has it that, if Greece wants to stay in the Eurozone, it must abide by the terms and conditions of its ‘bailout’ deal. It is my considered opinion that the conventional wisdom is, once mo