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 […]
Op-ed
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 […]
Greed, ineptitude and austerity fanned the flames of the Greek wildfire – The Sunday Times
ATHENS: A biblical calamity befell the Attica region last Monday. I saw its first sign in the late morning at Athens airport, where I was seeing off my daughter to Australia. A strong whiff of burning wood caused me to look up to the sky, where a whitish-yellow sun beckoned, surrounded by the tell-tale eclipse-like […]
Behind Greece’s forest fires: a tragic reminder of our collective responsibility as Europeans
ATHENS – A biblical calamity befell Attica last Monday. I saw its first sign in the late morning at Athens airport, where I was seeing off my daughter to Australia. A strong whiff of burning wood caused me to look up to the sky, where a whitish-yellow sun beckoned, surrounded by the telltale eclipse-like daytime […]
Reality & Nightmare: A brief assessment of the Eurozone’s ‘reforms’ – in Der Freitag, Issue 26, 2018
The official version reads as follows: Europe is on the road to recovery, the consequences of Brexit are under control, Chancellor Angela Merkel and President Emmanuel Macron would now create the new foundations on which Europe will establish a stronger alliance. Even the Greek debt crisis, it is said, was over after the decision of the […]
If Trump wants to blow up the world order, who will stop him? op-ed in The Guardian
Even before Donald Trump drove to tears of dismay NATO’s leaders, Theresa May, the EU’s officialdom and Washington’s own ‘intelligence community’, the writing was on the wall: Trump is methodically dismantling a world order that he no longer believes to be in the interests of the United States’ ruling class. Mon 11 Jun 2018 16.23 BST Donald Trump’s early […]
Yanis Varoufakis è un pazzo o un profeta? Il Post, 15 June 2018
Abbiamo passato una giornata con l’ex ministro greco, che alle prossime elezioni europee vuole riunire la sinistra di tutto il continente e rivoluzionare l’Unione Europea di Davide Maria De Luca – @DM_Deluca (ANSA / MATTEO BAZZI «Avete notato come le persone cattive stiano tutte insieme? Salvini, Le Pen, Orban: insieme stanno benissimo». Mercoledì pomeriggio una piccola […]
Profiles in Euro-Denial: The thwarted euro reforms & Greece’s permanent debt bondage – Project Syndicate op-ed
ATHENS – Europe’s establishment is luxuriating in two recent announcements that would have been momentous even if they were only partly accurate: The end of Greece’s debt crisis, and a Franco-German accord to redesign the eurozone. Unfortunately, both reports offer fresh proof of the European Union establishment’s remarkable talent for never missing an opportunity to […]
The Globalising Wall: How Globalisation built walls and divisions. By Y. Varoufakis & D. Stratou, in the Architectural Review
Our theme is a wall. A wall that is neither some ordinary physical structure at a specific site, nor a symbolic wall. It takes a material form in sites around the globe while transcending locations and leapfrogging whole continents as if in a strange quest to globalise itself, to infect our supposedly unifying world with […]
Handesblatt interview: On Germany and Europe’s crisis, 12 June 2018
München941.000 Follower bei Twitter ist in der Währung der digitalen Neuzeit ein Spitzenwert. Für einen Ökonomen ist es ein Rekord. Und so steht Yanis Varoufakis, 57, an diesem Montagabend im nachtblauen Anzug mit nachtblauem Hemd auf der Bühne der altehrwürdigen Münchener Ludwig-Maximilian-Universität und verbreitet Rockstar-Image. Der Rebell des Euro-Systems, für fünf wilde Monate des Jahres […]
The Italian crisis was the Left’s final warning – New Statesman op-ed, 6 June 2018
The Left must adopt a new, credible EU policy agenda: It’s time to explain how the bloc, and the euro, could be run differently, democratically and sustainably Italy’s recent political crisis has at once confirmed the European Union’s unsustainability and the left’s impotence. That the euro is a currency system within which a country like Italy cannot […]
Interviewed by Il Fatto Quotidiano on developments in Italy, Europe and Greece. Here is the original Q&A in English
Italian daily Il Fatto Quotidiano interviewed me (see here) regarding the latest developments in Italy, Europe and Greece. The original Q&A (in English) follows: Greece is about to exit from the notorious memorandum, the austerity plan signed with the troika. Public finance has improved at a high price for the population as we all know. […]
The terrible prophesies of Brexit – op-ed in literary magazine FIVE DIALS
Brexit rode to victory on the coat-tails of a type of discontent whose power sprang from its insuperable reluctance to specify its nature. Seemingly focused on a foreign power centre that British voters saw (with some justification) as the usurper of their democratic rights, its real focal point was nebulous and imprecise enough to encompass […]