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Varoufakis warns May needs five years to barter Brexit

The former Greek finance minister has first-hand experience of negotiating with Brussels - and he can't see things going well for Theresa May

Former Greek Minister of Finance Yanis Varoufakis
Former Greek Minister of Finance Yanis Varoufakis Photo: Getty Images

Yanis Varoufakis, the former finance minister of Greece, said Theresa May has "no chance" of negotiating a successful Brexit deal for the UK and would need at least five years to conclude any divorce settlement for Britain.

Varoufakis, who led negotiations with creditors during the 2015 Greek government-debt crisis, told Financial News: "There is no way Brussels will allow a deal that leaves Britain in a better place."

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