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 […]

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The markets will not fix themselves – interviewed by Emma Walden for FundForum

“We have a major imbalance between savings and investment. We have the highest savings rates in the history of capitalism and lowest level of investment. You only have to state that to realise what the source of our troubles are.” Speaking at FundForum International 2017, Former Greek Finance Minister and DiEM25 Co-Founder Yanis Varoufakis sat […]

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DiEM25’s New Deal for Greece

Yesterday, the Eurogroup came up with another fudge, another extend-and-pretend loan tranche, for Greece. It is, as this annotated version of the Eurogroup statement explains, a further boost to Greece’s never-ending crisis. Greece’s creditors, the EU and the IMF, are refusing even to discuss Greece’s recovery, Greece’s escape from debtor’s prison. So, what should be done? DiEM25 […]

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The Annotated 15th June 2017 Eurogroup statement on Greece

Extending (again) the extending-and-pretending Eurogroup policy on Greece’s never-ending crisis Back in August 2015, while sitting gloomily in the Greek Parliament during the sad, long night leading to the voting in of the 3rd MoU, I found solace in annotating the MoU’s text. Last night, I felt the need to repeat that wretched ritual once […]

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LIBERATION: Bruno Le Maire dans les pas de Yánis Varoufákis?

  Le ministre de l’Economie va proposer une indexation du remboursement de la dette grecque en fonction de la croissance du pays. Neuf thérapies en forme d’austérité budgétaire, trois plans d’aides, un changement de gouvernement et, au bout du compte, un énorme fiasco. Malgré l’obstination de la «troïka» (BCE, FMI et Commission européenne), qui n’a cessé d’imposer (le pistolet […]