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 […]
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 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 […]
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 […]
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, […]
[Originally published in Zocalo] British citizens took to the polls to cast their “Leave” ballots—and their grievances—in the now-infamous Brexit vote last June, seeking to escape the overarching power of the European Union. Their triumph stunned British and global elites, but shouldn’t have; the odds were stacked in the Leave camp’s favor.
Muddling Through Austerity By Andrew Moravcsik – click here for the Foreign Affairs website In This Review And the Weak Suffer What They Must? – Yanis Varoufakis Welcome to the Poisoned Chalice: The Destruction of Greece and Europe – James K. Galbraith The Euro: How a Common Currency Threatens the Future of Europe – Joseph Stiglitz
Yanis Varoufakis responds to Alexis Cukier and Patrick Surain, who challenged him on his time as Greek finance minister, the feasibility of reforming existing EU structures, and a left-wing exit from the EU. Read ‘the challenge’ here.