On Sunday morning, the former Greek finance minister Yanis Varoufakis picked up a microphone in Berlin, the German capital where, three years ago, high-stakes negotiations with E.U. leaders culminated in his resignation. Varoufakis, 57, knows many Germans still blame him and his country for the European debt crisis. But on stage in Berlin, next to a banner […]
Op-ed
“The EU declared war and Theresa May played along” – Interview in The NewStatesman
In 2016, shortly before the EU referendum, Yanis Varoufakis warned that the UK was destined for a “Hotel California Brexit”: it could check out but it could never leave. The former Greek finance minister spoke from experience. In 2015, his efforts to end austerity – “fiscal waterboarding” – were thwarted by the EU (a struggle […]
Behind the closed doors of negotiations with the EU? – The Guardian podcast, November 2018
As the Brexit negotiations near crunch point, Theresa May is still battling to keep her party on side as she edges closer to a deal with Brussels. But is it possible to take on the EU in negotiations and win? One man who staked his political career on trying just that was the former Greek finance minister Yanis […]
DiEM25’s radical Europeanist political agenda – Interviewed by Jacobin’s David Broder
Last Friday, Yanis Varoufakis was in Italy to promote European Spring, a list of candidates standing across the continent in next May’s European election. The former Greek finance minister visited Rome just days after the European Commission had struck down the Italian government’s budget, sparking further rows over Brussels’ authority to curb member states’ spending. […]
October 1, 2018
ATHENS – As deadlines approach and red lines are redrawn in the United Kingdom’s impending withdrawal from the European Union, it is imperative for the people of Britain to regain democratic control over a process that is opaque and ludicrously irrational. The question is: How? Democracy can never aspire to being more than a work […]
Is the world safer than it was in 2008? Ten Guardian writers think not
Yanis Varoufakis: Risk has not been diminished, just taken out of sight Ten years after its near-death experience, capitalism is back to its old ways. Bailouts for the few and austerity for the many have caused global debt to rise 40% since 2007. Yes, British and European banks have contracted (as US authorities required Barclays, Deutsche […]
Our Progressive International movement will fight, at once, two authoritarianisms: The National International and the Financialised Globalists who paved the ground for them – Yanis Varoufakis & Bernie Sanders in THE GUARDIAN (13th September 2018)
YANIS VAROUFAKIS: Our new international movement will fight rising nationalism, its underlying fascist moment, and the pseudo-liberal establishment whose policies gave rise to it (Click here for The Guardian) Our era will be remembered for the triumphant march of a globally unifying rightwing – a Nationalist International – that sprang out of the cesspool of financialised capitalism. […]
Ten Years After Lehman’s Collapse: What caused the Crash of 2008 is now shaping our post-modern 1930s – der Freitag
In the autumn of 2008 events unfolded in Wall Street that the crushing majority of people around the world had been led to believe could never occur. It was the financial equivalent of watching the sun spinning out of control soon after it rose above the horizon. Humanity watched on in collective disbelief. The […]
Im Reich der Gier – der Freitag
Mythos Der Kapitalismus ist entzaubert und bringt uns das größte Faschismusproblem seit den Dreißigern Was im Herbst 2008 an der Wall Street geschah, hatten die allermeisten Menschen bis dahin für unmöglich gehalten, schließlich hatte man ihnen jahrelang weisgemacht, dass etwas Derartiges schlichtweg nicht passieren könnte. Es war, als ob man dabei zuguckt, wie die Sonne, kurz […]
The three tribes of austerity: enemies of big government, Germany’s social democrats, and tax-cutting Republicans – op-ed in Project Syndicate
No policy is as self-defeating during recessionary times as the pursuit of a budget surplus for the purpose of containing public debt – austerity, for short. So, as the world approaches the tenth anniversary of the collapse of Lehman Brothers, it is appropriate to ask why austerity proved so popular with Western political elites following […]
Έσπρωξαν την Ελλάδα στον γκρεμό και γιορτάζουν το γκελ που έκανε στον σκληρό βράχο της Μεγάλης Ύφεσής. Έφτιαξαν μια έρημο και την ονόμασαν ειρήνη – άρθρο στον χτεσινό The Observer
Την περασμένη εβδομάδα οι τίτλοι και τα πρωτοσέλιδα των ΜΜΕ «γιόρτασαν το τέλος της οικονομικής διάσωσης της Ελλάδας, ακόμη και τη λήξη της λιτότητας, ενώ παρουσίασαν την οκταετή παρέμβαση της Ευρώπης στην Ελλάδα ως πρότυπο συνετής ευρωπαϊκής αλληλεγγύης στο “μαύρο πρόβατό” της, μια περίπτωση “αυστηρής αγάπης” που φέρεται να λειτούργησε. Όμως μία πιο προσεκτική ματιά αποκαλύπτει μία […]
Greece was never bailed out; it remains a debtor’s prison and the EU won’t let go of the keys – op-ed in The Observer
Over the past week, the world’s media have been proclaiming the successful completion of the Greek financial rescue programmemounted in 2010 by the European Union and the International Monetary Fund. Headlines celebrated the end of Greece’s bailout, even the termination of austerity. Buoyant reports from ground zero of the eurozone crisis portrayed Europe’s eight-year long Greek […]
Greece was never bailed out and remains in debtor’s prison – Bild Zeitung interview
BILD meets Yanis Varoufakis – the man who was THE symbol of the Greek left-wing government’s resistance against the targets set by the bailout troika for the broke state of Greece. We met the professor of economics – who co-founded left-wing movement DiEM25 – in his summer house in the mountains of the sunny island of Aegina. BILD: Mr. Varoufakis, […]
Der Spiegel – Verdammt zu 60 Jahren Entwürdingung
http://www.spiegel.de/wirtschaft/soziales/griechenland-krise-beteiligte-und-betroffene-ziehen-bilanz-a-1221081.html
CRASHED: Long version of my Observer review of Adam Tooze’s new book on the Crash of 2008
Every so often humanity manages genuinely to surprise itself. Events to which we had previously assigned zero probability push us into what the ancient Greeks referred to as aporia: a state of intense bafflement urgently demanding a new model of the world we live in. The Crash of 2008 was such a moment. Suddenly, the […]