Books English European Crisis Uncategorized

The Modest Proposal and the Juncker-Tremonti Plan: A comparison

France and Germany have ensured that this week’s European Council will not debate the Juncker-Tremonti plan for addressing the current euro crisis by covering part of existing sovereign debt by issuing eurobonds. Nevertheless rumours of the plan’s death are premature overstated. France and Germany know well that something along the JT plan is unavoidable, if […]

Books English European Crisis Uncategorized

The Modest Proposal fully adopted by Europe’s Trades Union Council. And backed, in part, by Jean Claude Juncker in the FT

In the past few days, our Modest Proposal for the resolution of the euro crisis seems to have made headway on two separate, quite disparate, fronts. On Wednesday 2nd December, the European Trades Unions Council (the confederation of Europe’s trades unions) endorsed it fully and unequivocally in its Agenda Item 5c which came under the […]

Books English European Crisis Uncategorized

The Modest Proposal for the Euro in Greek

Πατήστε εδώ και εδώ (σε δύο δόσεις) για την ελληνική έκδοση της Πρότασής μας  για έξοδο της ευρωζώνης από την Κρίση, την οποία στα αγγλικά την αποκαλούμε A Modest Proposal. Ακόμα παρακάτω παραθέτω το κείμενο πρόσφατης ομιλίας μου με παρόμοιο θέμα: Ομιλία Γιάνη Βαρουφάκη στην Εκδήλωση της Επιστημονικής Ένωσης Δικηγόρων, Παρασκευή 26η Νοεμβρίου 2010, Πνευματικό Κέντρο […]

English European Crisis

An earlier version of my modest proposal, as published in MRZine.org

PREAMBLE It is now abundantly clear that each and every response by the eurozone (EZ) to the galloping sovereign debt crisis has been consistently underwhelming. This includes, back in May, the joint EZ-IMF operation to ‘rescue’ Greece and, in short shrift, the quite remarkable overnight formation of a so-called ‘special vehicle’ (officially the European Financial […]