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.”
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 […]
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 […]
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 […]
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 […]
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 […]
Prior to the publication of my ADULTS IN THE ROOM, the Daily Telegraph serialised ten of the events the book turns on: A strange visit by Merkel’s go-between The blocked Chinese deal The key Berlin meeting Osborne meeting Tapped phone calls Coup d’état: How the government overthrew the… voters Dressing with dash: The story of that leather jacket The […]
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 […]
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!
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.
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
Why did I sign the 20/2/2015 Eurogroup agreement? What is DiEM25’s strategy for democratising Europe?
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.
A few weeks ago, Stefan Aust, Die Welt’s editor and formerly the heart and soul of Der Spiegel, paid me a visit at our Aegina house. We spoke for a good two hours on Europe, Germany, Greece and, of course, DiEM25. It was a serious, pleasant and at times passionate discussion. On 14th August the […]