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Greece's Varoufakis forms new party to tackle debt

Yanis Varoufakis, Greece's former finance minister who transfixed Europe with his unconventional style at the climax of the debt crisis, has launched a new party promising to free his country from debt bondage. As Sonia Legg reports, the firebrand academic economist - who once described the austerity imposed by Greece's creditors as "fiscal waterboarding" - said his new MeRA25 party would revive the economy.

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