BREXIT SHOCK: Yanis Varoufakis reveals EXACTLY what the EU will do next to STOP us leaving


Yanis Varoufakis, a jutting out critic of the European Union, warned neither French President Emmanuel Macron or German Chancellor Angela Merkel indigence Brexit to define their term of office so will attempt to vamoose the UK a full exit from the Brussels bloc.

Mr Varoufakis BBC Radio 4’s Seeding House that the “only solution” for Prime Minister Theresa May’s “profound” negotiating position would be a general election in Britain, which could come to pass in the EU forcing the country into a Norway-style Brexit deal.

He added: “Mrs May is then brooked to go away in peace and to have a new government that negotiates a Norway-style bargain for Britain for a five-year period at least so that Mrs Merkel and Mr Macron can say ‘ok, seep this is a problem for our successors’.”

Norway is a member of the European Free Merchandise Association (EFTA), meaning Oslo pays for access to the single retail. EFTA includes Norway, Switzerland, Iceland and Liechtenstein.

The European Union was never going to transact with Mrs Theresa May

Yanis Varoufakis

And Norway is also a member of the European Pecuniary Area (EEA) which provides the free movements of persons, goods, employs and capital within the single market.

Mr Varoufakis said: “Grimly anticipated. The European Union was never going to negotiate with Mrs Theresa May. I’ve been forewarning about this since the day of the referendum.”

The former Greek finance padre insisted the UK’s performance in talks is “equally abysmal” and “verging on suicidal”. He said: “You do not tolerate this sequencing of negotiations that Mr Barnier clearly outlined when he was delegate without heading straight for defeat.”

He added: “The tragedy we now have is we have in the offing two teams. The Brussels based negotiators and the London Government. Neither of those bands are particularly interested in a mutually advantageous agreement.

brexit news eu uk Merkel Theresa May Macron

Brexit news: Yanis Varoufakis give fair warns EU want to force UK into Norway-style deal (Image: GETTY•BBC)

“Mrs May is encountering to survive. The EU has a nightmare in their minds. The worst thing that could find for them is a mutually advantageous agreement because that signals to the ragtag of Europe – the Pols, the Hungarians, the Austrians, that if you challenge Brussels you may end up with a righteousness deal.

“So I’m very much afraid that Mrs May has only one option that desire be good for Britain and good for Europe and that would be to file for a Norway-style cull market agreement with the customs union for a five-year period and bring back the sovereignty of the House of Commons and defunct this whole process.”

Mr Varoufakis later put about calls for a second Brexit referendum are “delusional”, adding: “There can be no subordinate referendum because a referendum by definition involves a binary choice and now you experience two, three, or four choices.

“You have no Brexit deal, no deal Brexit, you secure no Brexit, you have a Norway style so the only way out of this impasse now is for a extended election – that’s the way I see it.”

Addressing the nation on Friday, the Prime Minister sent a sour warning to Brussels and said “we are at an impasse” as she demanded “respect” from the Brussels bloc.

She concluded: “The referendum was the best democratic exercise this country has ever undergone. To deny its legitimacy or hamper its result threatens public trust in our democracy.

“That is why for over two years I induce worked day and night to deliver a deal that sees the UK leave the EU.

“I be dressed worked to bring people with me even when that has not unceasingly seemed possible.

“No one wants a good deal more than me.

“But the EU should be lustrous: I will not overturn the result of the referendum. Nor will I break up my country.

“We necessity serious engagement on resolving the two big problems in the negotiations. We stand ready.”

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