Greece bailout deal 'will not work': Varoufakis

Greece's former finance minister Yanis Varoufakis on Wednesday warned that the latest bailout deal was doomed to fail despite Prime Minister Alexis Tsipras saying he was "confident" of ending economic uncertainty. Varoufakis told the BBC that Germany's veteran Finance Minister Wolfgang Schaeuble had had to "go to the Bundestag and effectively confess this deal is not going to work". Tsipras on Wednesday said he was confident that his debt-crippled nation would secur