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US Senator Bernie Sanders Blasts Greece’s Creditors

, 02/07/2015

Sen. Bernie Sanders (I-Vt.) attacked the International Monetary Fund and European authorities on Wednesday for imposing what he called excessive austerity measures on Greece in negotiations over the country’s debt payments. [Click here for the Huffington Post site, or read on]

Article at FAZ.NET – 20-06-2015: “The choice is hers”

, 20/06/2015

Yanis Varoufakis: The choice is hers Greek Finance Minister Yanis Varoufakis appeals to German Chancellor Merkel: Trust us! 20.06.2015, von YANIS VAROUFAKIS © APYanis Varoufakis In early 2010 I disenchanted several members of the Greek government with whom I had previously enjoyed cordial relations. The reason was that I opposed their determination to seek a large […]

A Speech of Hope for Greece – a Project Syndicate Op-Ed

, 07/06/2015

ATHENS – On September 6, 1946 US Secretary of State James F. Byrnes traveled to Stuttgart to deliver his historic “Speech of Hope.” Byrnes’ address marked America’s post-war change of heart vis-à-vis Germany and gave a fallen nation a chance to imagine recovery, growth, and a return to normalcy. Seven decades later, it is my […]

In conversation with John Nash Jnr on Ideal Money

, 02/06/2015

A conversation I was privileged to have with John Nash in June 2000 is posted below as a small tribute to a great man. (The conversation was motivated by a talk John Nash Jr gave in Athens in 2000 entitled IDEAL MONEY. The text of the conversation below was published in 2001 as a chapter in […]

A New Deal for Greece – a Project Syndicate Op-Ed

, 24/04/2015

For the Project Syndicate page click here. ATHENS – Three months of negotiations between the Greek government and our European and international partners have brought about much convergence on the steps needed to overcome years of economic crisis and to bring about sustained recovery in Greece. But they have not yet produced a deal. Why? […]

Talking to my daughter about the economy – Preface to the German edition

, 23/04/2015

Last summer (an aeon it seems before my recent sojourn into politics&government) I spent ten days writing a short book in Greek on economics. The idea was to write it as if it were addressed to my young daughter, so as to keep complex ideas simple and to test my capacity to home in on […]

Varoufakis and Tsakalotos on the Eurozone institutions and bank bailouts – INET-OECD April 9th 2015

, 13/04/2015

Two SYRIZA ministers for the price of one! Here you can find audio of our talks at the INET-OECD 9th April conference on the subject of ‘Eurozone institutions during the bank bailout negotiations’. Yanis Varoufakis’ talk below Euclid Tsakalotos talk below

A question of respect (or lack thereof)… – the Greek veto over Russia that never was

, 29/01/2015

On the first day in our ministries, the power of the media to distort hit me again. The world’s press was full of reports on how the SYRIZA government’s first foreign policy ‘move’ was to veto fresh sanctions on Russia. Now, I am not qualified to speak on foreign affairs but, nonetheless, I must share […]

Finance Ministry slows blogging down but ends it not

, 27/01/2015

The time to put up or shut up has, I have been told, arrived. My plan is to defy such advice. To continue blogging here even though it is normally considered irresponsible for a Finance Minister to indulge in such crass forms of communication. Naturally, my blog posts will become more infrequent and shorter. But […]

Heard the news? Greece's finance minister is no extremist – THE TELEGRAPH

, 27/01/2015

Yanis Varoufakis: Greece’s future finance minister is no extremist The man touted as frontunner to be Syriza’s finance minister is not the socialist firebrand which one might expect By Peter Spence, Economics Correspondent 3:07PM GMT 26 Jan 2015 Syriza, a hard left party, that outrightly rejects EU-imposed austerity, has given Greek politics its greatest electoral […]

Of Loss and Retrieval – latest and last article in WdW Review

, 27/01/2015

Photo of an unknown boy, which we can imagine to have been Kostas, who went missing in 1992 during the evacuation of ethnic Greek refugees from Smyrna. Image courtesy of Red Cross Archive, Greece. This is my eighth and, for the time being, final article for Witte de With Review (an initiative of Rotterdam-based Witte de With Center for Contemporary […]

Yesterday Greek democracy raged against the dying of the light. Europe and the World should join us

, 26/01/2015

Today, the people of Greece gave a vote of confidence to hope. They used the ballot box, in this splendid celebration of democracy, to put an end to a self-reinforcing crisis that produces indignity in Greece and feeds Europe’s darkest forces. The people of Greece today sent a message of solidarity to the North, to […]

Biblical economics leave everybody blind and toothless – Interviewed by Johanna Jaufer

, 25/01/2015

Am Sonntag wählt Griechenland ein neues Parlament. In den Umfragen liegt das Linksbündnis SYRIZA an erster Stelle. Die Partei rund um Alexis Tsipras wirbt mit der Ankündigung, sich um einen Schuldenerlass für Griechenland zu bemühen. Schon lange informeller Berater der Partei, ist der Ökonom Yanis Varoufakis seit kurzem offizieller Kandidat und wird immer wieder als [...]

On the consequences of Mr Draghi’s impending QE announcement – in THE ECONOMIST

, 22/01/2015

Jan 20th 2015, 14:10 BY YANIS VAROUFAKIS | UNIVERSITY OF ATHENS Yanis Varoufakis is a professor of economic theory at the University of Athens and Syriza parliamentary candidate in the general election on 25th January. In November he outlined a plan to revive the euro-zone economy. Here he discusses quantitative easing in the euro zone. 

On the ECB’s latest contradiction (and how it helps Greece) 

, 15/01/2015

There is little doubt that the OMT program has been Mr Mario Draghi’s (the European Central Bank’s dexterous-yet-severely-constrained President) greatest success story. In the summer of 2012 the euro was on the brink. Mr Draghi’s announcement of an intention to buy unlimited quantities of sovereign debt (Italian in particular) to stem the contagion in the […]

The world economy post-2008 – Interviewed by the Institute of Regulation & Risk

, 14/01/2015

Since the demise of Lehman Brothers in September 2008 and ensuing great financial crisis (GFC), it would seem rather obscenely that central bankers and monetary policy has been obsessed with “deflation”, rather than remedying the actual causes of the crisis itself. Is this a fair analysis? 

Greek and European prospects for 2015 – Interview in L’Antidiplomatico

, 01/01/2015

Interviewed by Alessandro Bianchi on Greece and Europe in the run up to the Greek general election of 25th January 2015 Click here for the L’Antidiplomatico site or, for the English original,…

The euro’s first inkling – a piece in lieu of Best Wishes for 2015

, 26/12/2014

As 2015 is approaching, seemingly pregnant with crucial challenges for Europe, the euro and all those who have to live with it, I could not think of a better seasonal offering for readers of this blog than a suitable extract from my next book. I chose a piece that narrates, and interprets, the story of […]

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