Yanis Varoufakis's Blog, page 168

August 17, 2015

Bailout deal allows Greek oligarchs to maintain grip – The Guardian

The Guardian summed up my annotated version of Greece’s Third MoU with this title. Click here for the Guardian’s webpage or read on… Greece’s former finance minister Yanis Varoufakis has accused European leaders of allowing oligarchs to maintain their stranglehold … Continue reading →
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Published on August 17, 2015 23:29

A New Approach to Eurozone Sovereign Debt – op-ed in Project Syndicate

My latest column for Project Syndicate is now out. Click here for the Project Syndicate page or read on: ATHENS – Greece’s public debt has been put back on Europe’s agenda. Indeed, this was perhaps the Greek government’s main achievement … Continue reading →
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Published on August 17, 2015 04:41

My question to Christine Lagarde, Eurogroup 25th June 2015 – as narrated by Landon Thomas in the NYT

During the 25th June 2015 Eurogroup, the institutions presented me, in the form of an effective utlimatum, with a comprehensive staff level agreement and funding plan (which I considered financially non-viable). It was the deal that Prime Minister Tsipras decided, on … Continue reading →
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Published on August 17, 2015 01:41

Varoufakis and Lamont interviewed on Radio 4 on their peculiar political friendship

Further to this piece on my unlikely friendship with Lord Lamont, the BBC’s Radio 4 interviewed us, together. To hear the interview, on World At One, click on the play button below.Filed under: European Crisis, Greek Crisis, Politics and Economics, … Continue reading →
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Published on August 17, 2015 01:22

Greece’s Third MoU (Memorandum of Understading) annotated by Yanis Varoufakis

The Third Greek MoU is now enshrined in Greek Law. Written in troika-speak it is almost impossible to decypher by those not speaking this unappetising language. Click here for the complete MoU text annotated liberally by yours truly – in pdf … Continue reading →
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Published on August 17, 2015 00:54

August 4, 2015

Vindicated, while Lagarde emerges a loser? – David Marsh in MarketWatch

In his Monday column on MarketWatch David Marsh entitled his opinion piece: “Varoufakis vidicated, while Lagarde emerges as a loser”. Of course the point is not whether I have, or have not, been vindicated. The crucial issue concerns the viability, or … Continue reading →
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Published on August 04, 2015 05:11

August 3, 2015

Greek Tragedy – by Christos Tsiolkas (in conversation with Yanis Varoufakis), MONTHLY magazine

Novelist Christos Tsiolkas (The Slap, Baraccuda etc.) wrote this piece (for the Australian magazine MONTHLY) from a Greek-Australian perspective (after the two of us had talked extensively over the telephone). Click on the photo above or… Down the road from my … Continue reading →
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Published on August 03, 2015 05:44

August 2, 2015

In conversation with El Pais (Claudi Pérez), the complete (long) transcript

Claudi Pérez, of El Pais, inteviewed me in our Athens apartment last week. Here is the article that emerged recently in El Pais. The complete, unedited, transcript (in English) follows: Why do all the interviews of you I have read begin … Continue reading →
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Published on August 02, 2015 05:19

August 1, 2015

Death by Debt: My Response to The German Finance Ministry, by Jeffrey Sachs

Dr. Ludger Schuknecht, senior economist at the Germany Finance Ministry, explains his ministry’s viewpoint regarding Greece. This viewpoint essentially holds that Eurozone countries should live within their means; adjust to their debt burdens; and take their reform medicine as needed. If … Continue reading →
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Published on August 01, 2015 06:37

Something is rotten in the eurozone kingdom – my op-ed in the Financial Times

Plan would have eased Greece’s chronic liquidity shortage, writes Yanis Varoufakis in the Financial Times. A paradox lurks in the foundations of the eurozone. Governments in the monetary union lack a central bank that has their back, while the central bank lacks … Continue reading →
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Published on August 01, 2015 02:04

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