The Minister of Finances Yanis Varoufakis has disputed rumored discussions regarding the adoption of a parallel currency, following his meeting with Deutsche Bank’s former chief economist Thomas Mayer.

With the rebuttal, Mr. Varoufakis responded to a question posed by PASOK MP Yannis Koutsoukos regarding the introduction of a “Geuro”, given Mr. Mayer’s recent admission that Europe has erred in dealing with Greece.

Mr. Varoufakis clarified that the discussions he had with the German economist were focused on how Greece could take advantage of its public assets, within the framework of a development bank. He also stressed that he has opposed a parallel currency since 2009.

Earlier last week German newspaper Handelsblatt featured an article examining the possibility of a parallel currency being introduced in Greece.