English Op-ed Politics and Economics Project Syndicate The Global Minotaur: A theory of the Global Crisis Uncategorized

Imagining a New Bretton Woods – Project Syndicate op-ed

The financial meltdown of 2008 prompted calls for a global financial system that curtails trade imbalances, moderates speculative capital flows, and prevents systemic contagion. That, of course, was the goal of the original Bretton Woods system. But such a system today would be both untenable and undesirable. So, what might an alternative look like?

DiEM25 English European Crisis German Greek Crisis Media Op-ed Politics and Economics Various

Der Spiegel op-ed: Endgame for the IMF-EU Feud over Greece’s Debt

For the Der Spiegel site click here. Otherwise… The feud between the International Monetary Fund (IMF) and the European side of Greece’s troika of creditors is old news. However, Wikileaks’ publication of a dialogue between key IMF players suggests that we are approaching something of a hazardous endgame.

DiEM25 English European Crisis Greek Crisis Op-ed Politics and Economics Project Syndicate

Lies, Damn Lies, and European Growth Statistics

ATHENS – “Greece has at last returned to economic growth.” That was the official European Union storyline at the end of 2014. Alas, Greek voters, unimpressed by this rejoicing, ousted the incumbent government and, in January 2015, voted for a new administration in which I served as finance minister. Last week, similarly celebratory reports emanated […]

Democratise the Euro! English European Crisis Greek Crisis Op-ed Politics and Economics Project Syndicate Uncategorized

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

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 […]

Democratise the Euro! English European Crisis Media Op-ed Project Syndicate Uncategorized

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

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 […]

English European Crisis Greek Crisis Media Op-ed The Guardian Uncategorized

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

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 […]

English European Crisis Media Op-ed The New York Times

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

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 […]