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Yanis Varoufakis
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.
By Yanis Varoufakis - Apr 01,2018
ATHENS — Greece’s never-ending public-debt saga has come to signify the European Union’s inept handling of its inevitable eurozone crisis. Eight years after its bankruptcy, the Greek state’s persistent insolvency remains an embarrassment for Europe’s officialdom.
By Yanis Varoufakis - Oct 09,2017
To revive the ailing European project, the ugly conflict between Catalonia’s regional government and the Spanish state may be just what the doctor ordered.A constitutional crisis in a major European Union member state creates a golden opportunity to reconfigure the democratic gov
By Yanis Varoufakis - Apr 11,2017
Ken makes a decent living operating a large harvester on behalf of farmer Luke.
By Yanis Varoufakis - Dec 26,2016
Since the summer of 2015, Greece has (mostly) dropped out of the news, but not because its economic condition has stabilised.A prison is not newsworthy as long as the inmates suffer quietly.
By Yanis Varoufakis - Aug 25,2016
Objects of desire come at a cost.
By Yanis Varoufakis - Jun 05,2016
A commitment to the independence of central banks is a vital part of the creed that “serious” policymakers are expected to uphold (privatisation, labour-market “flexibility”, and so on).But what are central banks meant to be independent of?The answer seems obvious: governmen
By Yanis Varoufakis - May 09,2016
The financial meltdown of 2008 prompted calls for a global financial system that curtails trade imbalances, moderates speculative capital flows and prevents systemic contagion.That, of course, was the goal of the original Bretton Woods system.
By Yanis Varoufakis - Mar 16,2016
“Greece has at last returned to economic growth.”That was the official European Union storyline at the end of 2014.Alas, Greek voters, unimpressed by this rejoicing, ousted the incumbent government and, in January 2015, voted for a new administration in which I served as finance
By Yanis Varoufakis - Feb 24,2016
“Europe will be democratised or it will disintegrate!”That maxim is more than a catchphrase from the manifesto of the Democracy in Europe Movement – DiEM25, the group I just helped to launch in Berlin.



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