Europe is disintegrating and this could come at great human cost, Greece's fiery former finance minister warned on Tuesday.
"The great fear is that the disintegration of the European Union — whatever you may think about the European Union — is going to come at a very, very large human cost," Yanis Varoufakis told CNBC in London.
"That kind of Europe is one that breeds monsters. It is not the kind of Europe that the world needs," he later added.
He spoke to CNBC at a time of heightened tension in the European Union (EU), due to the U.K.'s vote to quit the bloc in June and disagreement as to how to handle the influx of refugees fleeing the chaos in Iraq and Syria.
"I wish Brexit had not happened," Varoufakis told CNBC on Tuesday. He advocated the U.K.'s exit from the EU began promptly, to prepare the ground for a Norway-like engagement with the bloc.