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Democracy or Bust in Europe -Project Syndicate Op-Ed

, 24/02/2016

BERLIN – “Europe will be democratized or it will disintegrate!” That maxim is more than a catchphrase from the manifesto of the Democracy in Europe Movement – DiEM25, the group I just helped to launch in Berlin. It is a simple, if under-acknowledged fact. Read more at my Project Syndicate page  

Are we heading for a crash? The Guardian

, 29/01/2016

Click here for The Guardian site or if you want to read the longer version of my entry…

How the ‘Troika Effect’ was dubbed the ‘Varoufakis Effect’ – Project Syndicate Op-Ed and beyond

, 28/01/2016

As part of an impressive campaign to discredit the Athens Spring, and those of us who continue to honour and propagate its spirit, a cabal of journalists and ‘analysts’ have joined forces to depict me as the “destroyer of the Greek economy.” The purpose? To demonise the Greek people’s audacity to elect us with a […]

Schäuble’s Gathering Storm – my Project Syndicate op-ed

, 24/10/2015

ATHENS – Europe’s crisis is poised to enter its most dangerous phase. After forcing Greece to accept another “extend-and-pretend” bailout agreement, fresh battle lines are being drawn. And, with the refugee influx exposing the damage caused by divergent economic prospects and sky-high youth unemployment in Europe’s periphery, the ramifications are ominous, as recent statements by […]

Greece without illusions – op-ed in Project Syndicate

, 05/10/2015

ATHENS – “The costliest minor government reshuffle in Greece’s history.” That is at least one way to describe the result of the Greek general election on September 20. Indeed, with few exceptions, the same ministers have returned to the same offices as part of an administration backed by the same odd pair of parties (the […]

Tsipras' triumph vs the impossible task of implementing a program designed to fail – in The Guardian

, 22/09/2015

Alexis Tsipras has snatched resounding victory from the jaws of July’s humiliating surrender to the troika of Greece’s lenders. Defying opposition parties, opinion pollsters and critics within his ranks (including this writer), he held on to government with a reduced, albeit workable, majority. The question is whether he can combine remaining in office with being […]

On German Moral Leadership – English version of op-ed in Sunday's FAZ

, 14/09/2015

For the published version in Sunday’s Frankfurter Allgemeine Zeitung click here. For my original English text read on…

HOW EUROPE CRUSHED GREECE – Yanis Varoufakis' op-ed in the NYT

, 09/09/2015

ATHENS — Since the beginning of Greece’s financial crisis in 2010, two prime ministers have been swept from office after they were forced to adopt an unfeasible package of austerity measures in exchange for a bailout from the troika, as the eurozone authorities — the European Commission, the European Central Bank and the International Monetary […]

Democratizing the Eurozone – a Project-Syndicate op-ed

, 02/09/2015

ATHENS – Like Macbeth, policymakers tend to commit new sins to cover up their old misdemeanors. And political systems prove their worth by how quickly they put an end to their officials’ serial, mutually reinforcing, policy mistakes. Judged by this standard, the eurozone, comprising 19 established democracies, lags behind the largest non-democratic economy in the […]

A New Approach to Eurozone Sovereign Debt – op-ed in Project Syndicate

, 17/08/2015

My latest column for Project Syndicate is now out. Click here for the Project Syndicate page or read on:

Death by Debt: My Response to The German Finance Ministry, by Jeffrey Sachs

, 01/08/2015

Dr. Ludger Schuknecht, senior economist at the Germany Finance Ministry, explains his ministry’s viewpoint regarding Greece. This viewpoint essentially holds that Eurozone countries should live within their means; adjust to their debt burdens; and take their reform medicine as needed. If they do so, they will be successful, as illustrated by Ireland, Spain, and Portugal. Greece […]

Something is rotten in the eurozone kingdom – my op-ed in the Financial Times

, 01/08/2015

Plan would have eased Greece’s chronic liquidity shortage, writes Yanis Varoufakis in the Financial Times. A paradox lurks in the foundations of the eurozone. Governments in the monetary union lack a central bank that has their back, while the central bank lacks a government to support it.

In favour of Varoufakis’ Plan B – by Paul Tyson

, 01/08/2015

In a recently released recording of a teleconference between Yanis Varoufakis and a group of hedge fund managers, Mr Varoufakis spoke frankly about the contingency plans he had developed when he was the Finance Minister.

In… my defence – by Mohamed El Erian

, 30/07/2015

In Defense of Varoufakis by  MOHAMED A. EL-ERIAN Click here for the Project Syndicate site. Or…

For an alliance of national liberation fronts – by Stefano Fassina MP

, 27/07/2015

Stefano Fassina, MP and former Deputy Finance Minister of Italy, kindly sent me the following opinion piece. While convinced that the “controlled disintegration of the eurozone” that he advocates is pregnant with great dangers, this is a debate that Europeans cannot eschew.

A new kind of politics? By Paul Tyson, in opendemocracy.net

, 25/07/2015

Varoufakis is an exception to the norm precisely because he really believes in representative democracy. (Click here for the opendemocracy.net site)

Why I voted NO (translated by ThePressProject International)

, 21/07/2015

Why I voted NO In an article which was published on Saturday in EfSyn, the former Finance Minister, Y.Varoufakis attempts to explain the reasons why he voted ΄no΄ to the “prior actions” deal that the government brought to the parliament.

Dr Schäuble’s Plan for Europe: Do Europeans approve? – English version of my article in Die Zeit

, 17/07/2015

On 15th July 2015 Die Zeit published this piece. Here is the original English language version.

Yanis Varoufakis opens up about his five month battle to save Greece – New Statesman, 13 July 2015

, 13/07/2015

In his first interview since resigning, Greece’s former Finance Minister says the Eurogroup is “completely and utterly” controlled by Germany, Greece was “set up” and last week’s referendum was wasted.  the full Q&A transcript of our interview with Varoufakis here. Greece has finally reached an agreement with its creditors. The specifics have not yet been published, but […]

Behind Germany's refusal to grant Greece debt relief – Op-Ed in The Guardian

, 11/07/2015

Tomorrow’s EU Summit will seal Greece’s fate in the Eurozone. As these lines are being written, Euclid Tsakalotos, my great friend, comrade and successor as Greece’s Finance Ministry is heading for a Eurogroup meeting that will determine whether a last ditch agreement between Greece and our creditors is reached and whether this agreement contains the degree […]

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