Banking Crisis English Essays Politics and Economics Radio Talks The Global Minotaur: A theory of the Global Crisis

The Great Crash (2007/8) ten years on – talking on BBC Radio 4’s World At One special program

  In this BBC World at One program dedicated to the Crash of 2007-8, I try, in the space of two and a half minutes, to explain why those momentous events, ten years ago, changed the world in a manner that it no longer makes sense in terms common prior to 2007. Of why I claim […]

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“Denn sie wissen nicht, was sie tun” – Review of Adults in the Room by Basler Zeitung (in German)

Yanis Varoufakis, der linke Star, erzählt, wie die EU sein Land zu einer Kolonie gemacht hat. Er hat recht von Alpha bis Omega. Yanis Varoufakis, der wilde Marxist, der kluge Ökonom, kritisiert in seinem neuen Buch die Europäische Union. Bild: Keystone Der frühere griechische Finanzminister Yanis Varoufakis hat vor Kurzem ein Buch vorgelegt («Die ganze Geschichte: […]

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Απάντηση στον κ. Τσίπρα στην δήλωσή του για την επιλογή μου ως Υπ.Οικ. – επιστολή στον Guardian, 24η Ιουλίου 2017

Επιστολή μου στον Guardian σε απάντηση της δήλωσης του Αλέξη Τσίπρα ότι ήμουν η σωστή επιλογή αλλά, παράλληλα, ότι το σχέδιο μου ήταν απορριπτέο 24η Ιουλίου 2017 Σε συνέντευξη του στον Guardian, ο έλληνας πρωθυπουργός, Αλέξης Τσίπρας, έχοντας παραδεχθεί ότι έκανε «μεγάλα λάθη», ρωτήθηκε αν το να με διορίσει πρώτο του Υπουργό Οικονομικών ήταν ένα […]

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Mr Tsipras’ insightful incoherence – my reply in The Guardian, 24th July 20176

In a Guardian interview (24 July), the Greek prime minister, Alexis Tsipras, having admitted to “big mistakes”, was asked if appointing me as his first finance minister was one of them. According to the interviewer, Mr Tsipras said “Varoufakis … was the right choice for an initial strategy of ‘collision politics’, but he dismisses the […]

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“I was right about the debt, and you know it!” – My reply to Kathimerini’s latest tirade

  In a recent article entitled “Varoufakis and the 2015 debt talks – behind closed doors”, published on the English language site of Kathimerini, Yannis Paleologos is putting forward an innovative new criticism of my 2015 negotiating stance regarding Greece’s public debt. His criticism’s first leg is standard troika-speak, insisting that by pressing for a […]

Adults in the Room English Greek Crisis

2nd anniversary of the OXI vote & our parallel payments system: Its importance confirmed by the oligarchic press’ continuing, ritualistic distortions

Today, on the anniversary of the stupendous NO with which 62% of Greek voters responded to a third predatory loan ultimatum from Greece’s ‘official’ lenders (the troika: IMF, ECB, EU), Greece’s oligarchic press – in cahoots with the troika itself – is hard at work in its attempt to demonise the people of Greece for having dared […]

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Adults in the Room – reviewed by Adam Tooze (Columbia University)

Reading Varoufakis: Frustrated Strategist of Greek Financial Deterrence (click here for the original site) by Adam Tooze  Adam Tooze holds the Shelby Cullom Davis chair of History at Columbia University and serves as Director of the European Institute. He is currently at work on a history of the global financial crisis 2008-2018, which will appear […]

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Europe’s Gradualist Fallacy – Project Syndicate op-ed

ATHENS – Europe is at the mercy of a common currency that not only was unnecessary for European integration, but that is actually undermining the European Union itself. So what should be done about a currency without a state to back it – or about the 19 European states without a currency that they control? […]

Adults in the Room English Finance Minister Greece Greek Crisis Review

Martin Wolf, in The Financial Times, on ‘Adults in the Room’: “A tragedy because Varoufakis was – and is – right. The bulk of Greek debt should indeed be cancelled outright.”

This is a superbly written account of the struggle to alleviate the austerity imposed upon the Greek people by the eurozone. Greece, argues Varoufakis, has been put in a debtors’ prison and robbed of autonomy and dignity for the indefinite future. Critics would argue that he failed as finance minister in 2015 because he was […]

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Interviewed by Chris Newlands for the Financial News – 19 June 2017

It is no surprise that Yanis Varoufakis, the former finance minister of Greece, turns up to our interview without a tie. The 56-year-old famously arrived at Downing Street in 2015 for a meeting with the then Chancellor of the Exchequer, George Osborne, with his shirt untucked. More surprising is that the left-wing economist, who led negotiations […]