A tu per tu con Varoufakis, senza peli sulla lingua (sull’Europa e non solo) -Marcello Foa, Il Giornale

Origina source: http://blog.ilgiornale.it/foa/2016/02/01/a-tu-per-tu-con-varoufakis/

varou 2Visto da vicino, Yanis Varoufakis convince. Ho avuto il privilegio di intervistarlo pubblicamente a Lugano e poi di trascorrere alcune ore assieme a lui. E mi ha fatto un’eccellente impressione. Mi verrebbe dire che è un greco tutto d’un pezzo, uno spirito libero, capace di rompere gli schemi e di andare oltre le barriere ideologiche. Varoufakis ha presieduto il ministero delle Finanze di Atene per cinque mesi, durante i quali ha lasciato il segno. Continue reading

How the ‘Troika Effect’ was dubbed the ‘Varoufakis Effect’ – Project Syndicate Op-Ed and beyond

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As part of an impressive campaign to discredit the Athens Spring, and those of us who continue to honour and propagate its spirit, a cabal of journalists and ‘analysts’ have joined forces to depict me as the “destroyer of the Greek economy.” The purpose? To demonise the Greek people’s audacity to elect us with a mandate to oppose the Troika in the Spring and early summer of 2015, when they backed our stance with that magnificent 62% NO vote.

Their hideous campaign was summed up recently in the so called ‘Varoufakis Effect’ argument, by Berenberg’s Chief Economist, a Mr Schmieding. Using a chart that ‘shows’ business confidence to have collapsed during the days of my tenure in the ministry of finance (first half of 2015), he pinned on me Greece’s woes. Naturally, the troika’s Greek cheerleaders, with newspaper TO VIMA at the forefront, grabbed the opportunity to jeer and snarl. Except that they were caught with the smoking gun in their hands… Continue reading

Greece’s two currencies – Project Syndicate Op-Ed

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ATHENS – Imagine a depositor in the US state of Arizona being permitted to withdraw only small amounts of cash weekly and facing restrictions on how much money he or she could wire to a bank account in California. Such capital controls, if they ever came about, would spell the end of the dollar as a single currency, because such constraints are utterly incompatible with a monetary union. Greece today (and Cyprus before it) offers a case study of how capital controls bifurcate a currency and distort business incentives. The process is straightforward. Once euro deposits are imprisoned within a national banking system, the currency essentially splits in two: bank euros (BE) and paper, or free, euros (FE). Suddenly, an informal exchange rate between the two currencies emerges. Read more here

Stories of 2015: Yanis Varoufakis – in The Guardian, 24th DEC 2015

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Screen Shot 2015-12-25 at 08.58.43Screen Shot 2015-12-25 at 08.58.53The year 2015 did not begin – or end – as Yanis Varoufakis might have predicted. This time last year, having finished a busy academic term at the University of Texas in Austin where he was a visiting professor in economics, he had flown to Australia for a holiday. Varoufakis has a teenage daughter with his first wife – the pair now live in Sydney – and he was hoping, as he puts it, “to have a quiet time”.

For the Guardian’s site, click here. Or…

Continue reading

On Spain, Greece, Italy and our plans for a European movement to democratise the EU – Interview: L’Espresso

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The English text of the answers I sent to L’Espresso follows. The interview covers the Spanish elections, the latest from Greece’s never ending depression and, more importantly, a foreshadowing of the pan-European movement (not party!) that will be launched in February – with a simple, but radical, agenda of democratising the EU. Continue reading

#THIS IS A COUP – My comments on Paul Mason’s documentary

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Paul Mason’s recently released four-part documentary #THIS IS A COUP, on the crushing of the Athens Spring, offers much food for thought. Paul and I have had many opportunities to discuss the issues it covers, including on stage in London in front of a magnificent audience. When the time comes, I shall publish my full account. But for now, here are some comments for each one of the four episodes, culminating to a general comment at the very end – see below. Continue reading

A Greek Drama (a BBC Radio Play) – My 10 factual corrections

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As I am a central character in this dramatisation of the five month-long standoff between our government and the Eurogroup/Troika, I am loath to offer a critical review. However, it may be useful to listeners (but also to the BBC’s production team) to correct some factual errors. Continue reading

THE WORLD Weekly – interview

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Since stepping down as Greece’s finance minister in the leftist Syriza government, Yanis Varoufakis has been touring the world with his words, giving speeches to packed-out audiences. He spends much of the year with his wife Danae Stratou on Aegina, an island near Athens. From there, the couple can no doubt see that his work is a long way from being realised. Greece is still ensnared by crisis. But his main political focus now is ‘agitating’ for a “democratic European Union”.
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Judge for yourself: The speech with which I ‘antagonised’ the Eurogroup

One after the other, officials who took part in bringing Greece’s elected government to its knees last July are now coming out of the woodwork with claims that the reason for the six month stalemate between Athens and the Eurogroup in the first half of 2015 was… me. One finance minister recently claimed that upon hearing my statement in the first Eurogroup I attended (11th February 2015) he could sense Greece was heading “straight to the rocks”. Others have castigated the same intervention as inflammatory, antagonistic toward my colleagues, evidence that I was not serious about negotiating, plus a number of other epithets that propriety prevents me from reproducing here. Continue reading

Europe Is Our Home, We Need to Fix It – in Handelsblatt, 30 OCT 2015

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YV Handessblatt 30 OCT 2015Yanis Varoufakis was appointed as Greek finance minister after the far-left Syriza party came to power inJanuary. The academic resigned in July after it became clear Prime Minister Alexis Tsipras was going to askfor a third bailout, despite winning a referendum that rejected E.U. imposed austerity.

Handelsblatt sat down with Mr. Varoufakis this week to discuss his dramatic year at the epicenter of European politics.

The man who rocked the boat. Source: DPA

Handelsblatt: Mr. Varoufakis, at the time you were minister of finance, Greece was not very successful in getting creditors to accept their demands or suggestions. Some people fear, othershope, that the refugee crisis has improved the negotiating power of Greece and other countriesvis-à-vis Germany? 

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