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Yanis Varoufakis
By Yanis Varoufakis - Oct 19,2019
ATHENS — The Libra Association is fragmenting. Visa, Mastercard, PayPal, Stripe, Mercado Pago and eBay have abandoned the Facebook-led corporate alliance underpinning Libra, the asset-backed cryptocurrency meant to revolutionise international money.
By Yanis Varoufakis - Jun 19,2019
ATHENS — It is a curious feeling to watch your plan being deployed to do the opposite of what you intended.
By Yanis Varoufakis - May 22,2019
ATHENS — The eurozone country that has become synonymous with insolvency is today proving to be a treasure-trove for some. Traders who bought Greek assets a few years ago have good reason to celebrate, having banked returns that no other market could have provided.
By Yanis Varoufakis - Mar 28,2019
ATHENS — When the Great Depression followed the 1929 stock-market crash, almost everyone acknowledged that capitalism was unstable, unreliable and prone to stagnation. In the decades that followed, however, that perception changed.
By Yanis Varoufakis - Mar 16,2019
ATHENS — Italy is now the frontline in the battle of the euro.
By Yanis Varoufakis - Jan 21,2019
ATHENS — The overwhelming defeat that Britain’s parliament inflicted upon Prime Minister Theresa May’s Brexit plan was fresh confirmation that there is no substitute for democracy.
By Yanis Varoufakis - Dec 27,2018
ATHENS — Discontent without end looms over Britain. Leavers and Remainers are equally despondent. The Queen’s government and the Labour opposition are equally divided.
By Yanis Varoufakis - Oct 01,2018
ATHENS — As deadlines approach and red lines are redrawn in the United Kingdom’s impending withdrawal from the European Union, it is imperative for the people of Britain to regain democratic control over a process that is opaque and ludicrously irrational.
By Yanis Varoufakis - Sep 04,2018
ATHENS — No policy is as self-defeating during recessionary times as the pursuit of a budget surplus for the purpose of containing public debt, austerity, for short.
By Yanis Varoufakis - Apr 05,2018
ATHENS — “You can check out any time you like, but you can never leave.” Prior to the 2016 Brexit referendum, I borrowed this line from the Eagles’ 1976 hit “Hotel California” as an argument against Britain exiting the European Union.

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