UK issues warning as Greeks 

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Yanis Varoufakis, a Syriza MP tipped to become Greece’s next finance minister, told Today that the country’s austerity had been like “waterboarding”.

But he insisted that a Greek exit from the euro was not “on the cards” and the party would not take a “confrontational” approach.

“There has been a bit of posturing on our side. 
What really matters now 
is that we sit down and 
discuss a way that the 
haircut to our debt – the debt writedown – is minimised,” he said.

“Grexit is not on the cards, we are not going to Brussels or Frankfurt and Berlin in a confrontational style...”