Varoufakis refuses any bailout plan that would send Greece into ‘death spiral’

Finance minister continues war of words with eurozone policymakers, saying he wished Greece still had the drachma and had not entered monetary union

Greece's embattled finance minister, Yanis Varoufakis, stepped up his war of words with eurozone policymakers on Thursday, saying he wished his country still had the drachma, and would not sign up to any bailout plan that would send his country into a "death spiral".

With Greece facing a severe cash crisis as it struggles to secure a rescue deal from its creditors, Varoufakis - who has been officially sidelined from the debt negotiations - told a conference in Athens that he would reject any agreement in which "the numbers do not add up".