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DiEM25’s Vision of Europe for the post-Pandemic Era: Some personal thoughts

, 23/04/2020

DiEM25 was created in February 2016 because Europe was disintegrating as a result of a pseudo-technocratic takeover of the EU that was imposing austerity everywhere in response to the financial crisis caused by the EU pseudo-technocracy’s controllers. Today, now that a mindless virus has placed European capitalism in suspended animation, it is time to re-assess […]

DiEM25 on tonight’s European Union Council decision (Yes, we know what, & how terrible, it will be!)

, 22/04/2020

Later today, Thursday 23rd April, the EU Council will meet to discuss the common European response to the Great New Recession caused by the pandemic. Their agenda should comprise one, and only one, item: How to ensure that the necessary increase in public deficits will not show up in the fiscally stressed member-states’ national budgets, […]

On Dutch FinMin, the Eurogroup, its President, the euro, DiEM25 and MeRA25 – Interviewed by TSF Radio Noticias

, 17/04/2020

  The Eurogroup approved a 500 billion package to fight the crisis. You recently wrote in the Guardian that The EU’s coronavirus relief deal is a gift to Europe’s enemies. Explain. To begin with, the 500 billion euros is almost entirely loans. It’s exactly what Europe doesn’t need, especially like the countries that were hit […]

On Italy & the EU after the Eurogroup of 9th April – fanpage.it (English version)

, 16/04/2020

The debate about the economic consequences of the Coronavirus pandemic has already begun: what do you think is easier to happen? Will it be a momentary crisis or a crisis destined to change our economic system forever? Neither. The consequences will be harsh and will not disappear any time soon. But, it will not, on […]

On the toxic impact of the Eurogroup agreement of 9th April 2020 – With CNN’s Richard Quest (AUDIO)

, 13/04/2020

Discussing the toxic impact of the Eurogroup agreement of 9th April 2020 on Italy and Europe at large. Interviewed by Richard Quest on CNN’s Quest’s World

The EU’s new coronavirus relief deal is a gift to Europe’s enemies – THE GUARDIAN

, 13/04/2020

Europe suffered a historic defeat on Thursday night. After weeks of impasse, the Eurogroup gathering of finance ministers, whose countries share the euro, reached a decision on their collective response to the coronavirus pandemic’s economic impact. Besides constituting an epic dereliction of duty, the Eurogroup’s decision dealt a decisive blow to the foundations of the European […]

What should the EU do NOW: DiEM25’s 3-Point Plan for averting a Covid-19 Depression

, 27/03/2020

With Lives, Livelihoods and the Union on the brink, the COVID-19 pandemic is the greatest test of the European project in the history of the Union — and we are failing. Solidarity was meant to be a foundational principle of the EU. But solidarity is missing at the moment it is most needed. COVID-19 has revealed a fundamental truth: […]

The Eurogroup fails Europe once again. Brace for a hideous EU recession

, 17/03/2020

The Eurogroup met yesterday, Monday 16th March, to hammer out its coordinated fiscal response to the massive recession already in progress following the lockdown of much of Europe’s society. The task they faced is enormous: If sales, tourism, services etc. fall by 50% for just one month (which is certain), and then by 25% for […]

EUROLEAKS: Letting light in to how crucial decisions are made (or not) in the EU

, 11/03/2020

On March 14, for the first time, European citizens will be able to take a front seat in the meetings where their future is decided: DiEM25’s #EuroLeaks will take YOU inside the Eurogroup that has no standing in law, but where the most far-reaching decisions about all our lives are made. WHY AND WHY NOW? – […]

DiEM25: Resisting the militarisation of the Greek-Turkish border under a Paneuropean cloud of xenophobic hysteria

, 02/03/2020

DiEM25 condemns the militarisation of the Greek-Turkish border, the European Union’s violation of every principle of Humanism, the instrumentalisation of refugees both by the Turkish regime and Brussels, the abandonment of Greek islanders to their own devices – the list goes on and on. DiEM25 calls for an immediate opening of all borders. The Greek-Turkish […]

Euroleaks: Why release? And why now?

, 16/02/2020

During 2015’s first half, as Greece’s finance minister, I participated in thirteen crucial Eurogroup meetings – before the SYRIZA government (disrespecting the referendum result of 5th July) capitulated. The result of that capitulation was my immediate resignation and a permanent austerity program (until… 2060).  From the beginning, the first Eurogroup, it was clear that the […]

Time for ECB bonds! (Yes , things are this bad) – Project Syndicate op-ed

, 26/09/2019

ATHENS – During his tenure as President of the European Central Bank, Mario Draghi forged a variety of weapons that he deployed to shield the eurozone from menacing deflationary forces. Without them, the euro would have been history. However, the deflationary specter haunting Europe was never truly defeated and is now back with considerable vengeance. In the […]

Lagarde at the ECB – my take in The Guardian

, 16/07/2019

Christine Lagarde was a key member of the infamous troika – Greece’s official creditors – who crushed our people’s resistance to perpetual debt bondage. The other key figure alongside the International Monetary Fund’s then managing director was Mario Draghi, president of the European Central Bank, who played a central role in that drama by engineering the closure of […]

A tiny incident at Paris airport that speaks volumes about our Europe – the whole story

, 14/07/2019

Small incidents can pack hefty messages. Yesterday afternoon, a tiny drama unfolded at Paris airport, as I was disembarking the airplane that had brought me over from Athens. It speaks volumes about the state of our European Union and the drift toward inane authoritarianism. A French policeman, for no obvious reason, took it to himself […]

MeRA25: Greek progressives’ chance to take the fight against austerity back into Parliament – JACOBIN

, 11/06/2019

Amid the bad results for the Left in the European elections, the Greek outcome was particularly poignant. In the last such contest in 2014, Syriza rode the revolt against austerity to become the largest single party, in its final step toward national office. Five years later, in last month’s election, it finished ten points behind the […]

A Greek Canary in a Global Goldmine – Project Syndicate op-ed 17 May 2019

, 20/05/2019

ATHENS – The eurozone country that has become synonymous with insolvency is today proving to be a treasure-trove for some. Traders who bought Greek assets a few years ago have good reason to celebrate, having banked returns that no other market could have provided. But, as is often the case, an opportunity that seems too […]

A Dream of Spring: Emma Steiner interviews DiEM25’s David Adler

, 18/04/2019

Yanis Varoufakis and the DiEM25 movement are making headlines with their call for a more democratic and just European Union. Varoufakis brings his experience dealing with the EU as the former finance minister of Greece to the table for the European Spring, a European Parliament electoral slate that includes an ambitious and audacious vision for […]

FT Alphachat 28 MAR 2019: On Democracy, Europe, the UK and Greece

, 05/04/2019

Alphaville’s Jemima Kelly and Izabella Kaminska sat down with Yanis Varoufakis, former finance minister of Greece and current organiser of a trans-European group, DiEM25, of what he calls “radical Europeanists” — in favour of union, without deflation or austerity. Mr Varoufakis answers criticism from the left, pointing out that even if the euro or the […]

Why the Deutsche Bank merger with Commerzbank must be stopped – HANDELSBLATT (English & German)

, 27/03/2019

The official story is one of creating a national champion, a German bank large enough to compete with American investment banks. The truth is far less heroic and a lot more sordid than that. Here is why Demokratie in Europa is campaigning against this merger. Both banks are zombies. Commerzbank has gone through eight years […]

A European Spring is possible – The Nation

, 14/03/2019

The 2008 global financial crisis—the modern 1929 crash—set off a vicious chain reaction across Europe. By 2010 it had irreparably damaged the foundations of the eurozone, causing the establishment to bend its own rules and commit crimes against logic in order to bail out its banker friends. By 2013 the neoliberal ideology that had legitimized […]

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