‘What global creditors are doing with Greece has a name — terrorism!’

“What they’re doing with Greece has a name — terrorism,” said the blunt-spoken Varoufakis. “What Brussels and the troika want today is for the ‘yes’ (vote) to win so they could humiliate the Greeks.... Why did they force us to close the banks? To instill fear in people. And spreading fear is called terrorism,” he said, referring to the IMF, ECB and EU.

After failing to reach a deal with its creditors last weekend on an extension of its bailout programme, Greece’s radical Leftist government closed the country’s banks and imposed capital controls until July 6. Varoufakis said that whatever the result of Sunday’s vote, in which the government is calling for a ‘no’ vote, the banks would reopen and Athens would end up reaching an accord with its creditors.

“Europe needs an agreement, Greece needs an agreement, meaning we will reach an agreement,” he said, reiterating a pledge to resign if the ‘yes’ vote carried the day. The flamboyant economist, who has become one of Europe’s most recognisable politicians in the few short months since he took office, also repeated that the “troika” of creditors wanted to “humiliate Greeks” and make them an example of what not to do for other countries, like Spain, where radical left-wing parties are on the march.

Referring to Syriza’s Spanish ally Podemos, he said: “I think that in Europe there is a need for parties like Syriza and Podemos, which are both critical of the system and pro-European and democratic. Those who hate us want to cast us as anti-European but it’s not true, we are not.”

Six Spanish leftist parties and platforms on Saturday backed a “No” vote in Sunday’s Greek referendum. “We think the Greek people will be courageous, that they will be on the ‘No’ side,” said <g data-gr-id="28">Rommy</g> Arce, a Madrid city councillor who belongs to a Leftist “Ahora Madrid” citizens platform that took power in the capital last month. Voting “No” to the latest bailout terms offered to Greece by the IMF and EU “is a rejection of all the governments that apply these policies on the rest of Europe,” she added.