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Yanis Varoufakis
The limits of Lagarde
By Yanis Varoufakis - Nov 28,2019
ATHENS — Shortly after the Eurogroup meeting of Eurozone finance ministers on June 27, 2015, I bumped into a worried-looking Mario Draghi, the president of the European Central Bank.
The IMF should take over Libra
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.
Fiscal money can make or break the euro
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.
A Greek canary in a global goldmine
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.
Stagnant capitalism
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.
Europe’s leaders are aiding Italy’s populists
By Yanis Varoufakis - Mar 16,2019
ATHENS — Italy is now the frontline in the battle of the euro.
Run down the Brexit clock
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.
Turning Brexit into a celebration of 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.
Democratising Brexit
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.
The three tribes of austerity
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.

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