Op-ed
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.
Yanis Varoufakis is being pilloried for doing what had to be done – by Philippe Legrain in The Guardian
, 01/08/2015
For the Guardian site click here. Or…
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)
Europe’s Vindictive Privatization Plan for Greece – Project Syndicate
, 21/07/2015
For the Project Syndicate site click here. Or…
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 […]
Only the No Can Save the Euro – by James K. Galbraith
, 03/07/2015
For the original source, at Prospect Magazine, click here
Nine Myths About the Greek Crisis – by James K. Galbraith
, 03/07/2015
Click here for the original Politico site, or read on…
US Senator Bernie Sanders Blasts Greece’s Creditors
, 02/07/2015
Sen. Bernie Sanders (I-Vt.) attacked the International Monetary Fund and European authorities on Wednesday for imposing what he called excessive austerity measures on Greece in negotiations over the country’s debt payments. [Click here for the Huffington Post site, or read on]
A Speech of Hope for Greece – a Project Syndicate Op-Ed
, 07/06/2015
ATHENS – On September 6, 1946 US Secretary of State James F. Byrnes traveled to Stuttgart to deliver his historic “Speech of Hope.” Byrnes’ address marked America’s post-war change of heart vis-à-vis Germany and gave a fallen nation a chance to imagine recovery, growth, and a return to normalcy. Seven decades later, it is my […]
A New Deal for Greece – a Project Syndicate Op-Ed
, 24/04/2015
For the Project Syndicate page click here. ATHENS – Three months of negotiations between the Greek government and our European and international partners have brought about much convergence on the steps needed to overcome years of economic crisis and to bring about sustained recovery in Greece. But they have not yet produced a deal. Why? […]