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One of the main presentations during the conference was that of Greek Minister of Finance Yanis Varoufakis. He arrived just in time and in his already familiar edifying tone, he stated that the aim of the Greek government was to prove that the policy applied in the country in recent years was not in the right direction.

Varoufakis left the hall immediately after his speech and could not hear the comments of Nobel Prize winning economist Thomas Sargent. According to him, the Greek Minister of Finance had failed to provide sufficiently clear arguments about the consequences of his policy against the creditors of Greece.

"In fact, many of the sentences were not complete and it was difficult to understand their meaning but definitely I would dare say that the crisis of insolvency is more fundamental compared to the liquidity crisis." He said that East Germany had already applied the measure of state intervention in the economy, which is the main idea of ​​SYRIZA, but it was unsuccessful.

Sargent added that bailouts could not be free of charge and urged the Greek journalists to ask Varoufakis about his action plan if Athens failed to reach an agreement with the creditors, and about his vision of society and state.