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Schäuble leaves but Schäuble-ism lives on

, 28/09/2017

Wolfgang Schäuble may heave left the finance ministry but his policy for turning the eurozone into an iron cage of austerity, that is the very antithesis of a democratic federation, lives on. What is remarkable about Dr Schäuble’s tenure was how he invested heavily in maintaining the fragility of the monetary union, rather than eradicating it in order […]

Insolvent Greece goes to market 2.0

, 24/07/2017

Why do I refuse to be impressed by the news of Greece’s return to the markets? “It is because the Greek state and the Greek banks remain deeply insolvent. And, their return to the money markets is a harbinger of the next terrible phase of Greece’s crisis, rather than a cause for celebration”. The above was […]

Mr Tsipras’ insightful incoherence – my reply in The Guardian, 24th July 20176

, 24/07/2017

In a Guardian interview (24 July), the Greek prime minister, Alexis Tsipras, having admitted to “big mistakes”, was asked if appointing me as his first finance minister was one of them. According to the interviewer, Mr Tsipras said “Varoufakis … was the right choice for an initial strategy of ‘collision politics’, but he dismisses the […]

“I was right about the debt, and you know it!” – My reply to Kathimerini’s latest tirade

, 20/07/2017

  In a recent article entitled “Varoufakis and the 2015 debt talks – behind closed doors”, published on the English language site of Kathimerini, Yannis Paleologos is putting forward an innovative new criticism of my 2015 negotiating stance regarding Greece’s public debt. His criticism’s first leg is standard troika-speak, insisting that by pressing for a […]

2nd anniversary of the OXI vote & our parallel payments system: Its importance confirmed by the oligarchic press’ continuing, ritualistic distortions

, 05/07/2017

Today, on the anniversary of the stupendous NO with which 62% of Greek voters responded to a third predatory loan ultimatum from Greece’s ‘official’ lenders (the troika: IMF, ECB, EU), Greece’s oligarchic press – in cahoots with the troika itself – is hard at work in its attempt to demonise the people of Greece for having dared […]

Adults in the Room – reviewed by Adam Tooze (Columbia University)

, 02/07/2017

Reading Varoufakis: Frustrated Strategist of Greek Financial Deterrence (click here for the original site) by Adam Tooze  Adam Tooze holds the Shelby Cullom Davis chair of History at Columbia University and serves as Director of the European Institute. He is currently at work on a history of the global financial crisis 2008-2018, which will appear […]

Η Βρετανία πρέπει να μάθει το μάθημά της από την Ελλάδα, και να έχει Plan Β όπως ο Βαρουφάκης – Wolfgang Munchau στους Financial Times της 25ης Ιουνίου 2017

, 28/06/2017

Γιατί οι Βρετανοί θα έπρεπε να συμβουλευτούν τον πρώην Υπουργό Οικονομικών της Ελλάδας, για να χαράξουν στρατηγική στο παζάρι με την ΕΕ. Η ανάγκη για Plan B του Γιάνη Βαρουφάκη. Γράφει ο Βόλφγκανγκ Μουνχάου. του Wolfgang Münchau [Το άρθρο βρίσκεται εδώ και μεταφράστηκε/δημοσιεύτηκε από το EURO2day] Οι ηγέτες που καλούνται να προσδιορίσουν τη στρατηγική των διαπραγματεύσεων […]

Martin Wolf, in The Financial Times, on ‘Adults in the Room’: “A tragedy because Varoufakis was – and is – right. The bulk of Greek debt should indeed be cancelled outright.”

, 24/06/2017

This is a superbly written account of the struggle to alleviate the austerity imposed upon the Greek people by the eurozone. Greece, argues Varoufakis, has been put in a debtors’ prison and robbed of autonomy and dignity for the indefinite future. Critics would argue that he failed as finance minister in 2015 because he was […]

DiEM25’s New Deal for Greece

, 16/06/2017

Yesterday, the Eurogroup came up with another fudge, another extend-and-pretend loan tranche, for Greece. It is, as this annotated version of the Eurogroup statement explains, a further boost to Greece’s never-ending crisis. Greece’s creditors, the EU and the IMF, are refusing even to discuss Greece’s recovery, Greece’s escape from debtor’s prison. So, what should be done? DiEM25 […]

The Annotated 15th June 2017 Eurogroup statement on Greece

, 16/06/2017

Extending (again) the extending-and-pretending Eurogroup policy on Greece’s never-ending crisis Back in August 2015, while sitting gloomily in the Greek Parliament during the sad, long night leading to the voting in of the 3rd MoU, I found solace in annotating the MoU’s text. Last night, I felt the need to repeat that wretched ritual once […]

ADULTS IN THE ROOM

, 30/05/2017

What happens when you take on the establishment? In this blistering, personal account, Yanis Varoufakis blows the lid on Europe’s hidden agenda and exposes what actually goes on in its corridors of power. ‘One of the greatest political memoirs of all time’ (Guardian) The Sunday Times Number 1 Bestseller Varoufakis sparked one of the most […]

Discussing Adults in the Room with Phillip Adams, Late Night Live, ABC Radio National

, 11/05/2017

Insider account of Europe’s Establishment Economist and academic Yanis Varoufakis was always a political outsider, who gained notoriety when he challenged Europe’s political leaders, the European Central Bank, the European Commission and the IMF during Greece’s economic crisis. He exposed these leaders and institutions as being self-serving, while not considering the disastrous effects of austerity […]

Europe’s Illiberal Establishment – Project Syndicate op-ed

, 03/04/2017

ATHENS – On March 25, Europe’s leaders convened in the birthplace of the “European project” to celebrate the 60th anniversary of the Treaty of Rome. But what exactly was there to celebrate? Were they reveling in Europe’s disintegration, which they now call “multi-speed” or “variable geometry” Europe? Or were they there to applaud their business-as-usual […]

Congressman Huizenga Introduces Bill to Oppose IMF’s Third Greek Bailout

, 17/03/2017

Anyone who doubted that the IMF is in deep trouble over its inane involvement in the toxic Greek bailout, and Berlin’s policy of extending Greece’s insolvency ad infinitum while the country’s social economy shrinks, should now have no more doubts. Congressman Bill Huizenga (R-MI), a senior member of the House Financial Services Committee, yesterday introduced the IMF […]

Varoufakis and De Masi Press Conference at European Parliament – Wednesday 8th March 10.00

, 06/03/2017

Varoufakis and De Masi demand publication of ECB legal opinion for the closure of Greece’s banks Greece’s former finance minister, with German MEP, to hold press conference Wednesday, March 8, to announce filing a vital Freedom of Information request to the ECB. (Click Brussels Press Conference DiEM25 Press Release for pdf version) WHEN: Wednesday, March […]

Mr Draghi, what are you afraid of? Release #TheGreekFiles!

, 19/02/2017

  Join the campaign to demand that the ECB publish the legal opinion it commissioned on whether its closure of Greece’s banks in 2015 was… legal. CLICK HERE!

Lunch with The Globe and Mail, in discussion with Eric Reguly

, 22/01/2017

by Eric Reguly for The Globe and Mail Having lost the old fight over Greece’s financial future, Mr. Varoufakis is focused on a different cause: preserving the European Union Click here for The Globe and Mail site and here for a pdf of the article. Alternatively…

Greece’s perpetual crisis will not end via one-off handouts. It will end only when Athens ends the perpetual lie.

, 22/12/2016

ATHENS – Since the summer of 2015, Greece has (mostly) dropped out of the news, but not because its economic condition has stabilized. A prison is not newsworthy as long as the inmates suffer quietly. It is only when they stage a rebellion, and the authorities crack down, that the satellite trucks appear. [To read […]

New Statesman interview: The Left’s duty after Trump’s awful victory

, 15/11/2016

I had no doubt Donald Trump would win, just like I had no doubt Brexit would happen, so maybe I’m not as shell-shocked as you,” says Yanis Varoufakis. The former Greek finance minister is speaking to me several days after the Republican candidate’s historic victory. He doesn’t sound smug about being so prescient, more resigned, deflated, […]

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