Uncategorized
The Greek Plan for Growth & Recovery: Two documents the Ministry of Finance tabled in May and June 2015
, 20/08/2015
Now that Greece’s Third Memorandum of Understanding has passed (see here for my annotated version), after the SYRIZA government surrendered on 12th July 2015, it is perhaps of interest to compare the ‘Reform Agenda’ in that agreement with the agenda the Ministry of Finance had presented to the institutions on two occasions, in May and June […]
Bailout deal allows Greek oligarchs to maintain grip – The Guardian
, 18/08/2015
The Guardian summed up my annotated version of Greece’s Third MoU with this title. Click here for the Guardian’s webpage or read on…
A New Approach to Eurozone Sovereign Debt – op-ed in Project Syndicate
, 17/08/2015
My latest column for Project Syndicate is now out. Click here for the Project Syndicate page or read on:
My question to Christine Lagarde, Eurogroup 25th June 2015 – as narrated by Landon Thomas in the NYT
, 17/08/2015
During the 25th June 2015 Eurogroup, the institutions presented me, in the form of an effective utlimatum, with a comprehensive staff level agreement and funding plan (which I considered financially non-viable). It was the deal that Prime Minister Tsipras decided, on the following day, to put to the Greek people in the form of the now […]
Varoufakis and Lamont interviewed on Radio 4 on their peculiar political friendship
, 17/08/2015
Further to this piece on my unlikely friendship with Lord Lamont, the BBC’s Radio 4 interviewed us, together. To hear the interview, on World At One, click on the play button below.
Greece’s Third MoU (Memorandum of Understading) annotated by Yanis Varoufakis
, 17/08/2015
The Third Greek MoU is now enshrined in Greek Law. Written in troika-speak it is almost impossible to decypher by those not speaking this unappetising language. Click here for the complete MoU text annotated liberally by yours truly – in pdf form. It is best read in conjunction with my annotated version of the EuroSummit Agreement […]
Vindicated, while Lagarde emerges a loser? – David Marsh in MarketWatch
, 04/08/2015
In his Monday column on MarketWatch David Marsh entitled his opinion piece: “Varoufakis vidicated, while Lagarde emerges as a loser”. Of course the point is not whether I have, or have not, been vindicated. The crucial issue concerns the viability, or otherwise, of the latest Greek deal. From day 1 I have been arguing that Ms […]
Greek Tragedy – by Christos Tsiolkas (in conversation with Yanis Varoufakis), MONTHLY magazine
, 03/08/2015
Novelist Christos Tsiolkas (The Slap, Baraccuda etc.) wrote this piece (for the Australian magazine MONTHLY) from a Greek-Australian perspective (after the two of us had talked extensively over the telephone). Click on the photo above or…
In conversation with El Pais (Claudi Pérez), the complete (long) transcript
, 02/08/2015
Claudi Pérez, of El Pais, inteviewed me in our Athens apartment last week. Here is the article that emerged recently in El Pais. The complete, unedited, transcript (in English) follows:
Death by Debt: My Response to The German Finance Ministry, by Jeffrey Sachs
, 01/08/2015
Dr. Ludger Schuknecht, senior economist at the Germany Finance Ministry, explains his ministry’s viewpoint regarding Greece. This viewpoint essentially holds that Eurozone countries should live within their means; adjust to their debt burdens; and take their reform medicine as needed. If they do so, they will be successful, as illustrated by Ireland, Spain, and Portugal. Greece […]
Yanis Varoufakis is being pilloried for doing what had to be done – by Philippe Legrain in The Guardian
, 01/08/2015
For the Guardian site click here. Or…
Will the IMF throw the spanner in the works? – as I feared and Dr Schäuble hoped?
, 30/07/2015
IMF cannot join Greek rescue, board told … reports Peter Spiegel from Brussels in today’s Financial Times. He adds:
The Defeat of Europe – my piece in Le Monde Diplomatique
, 30/07/2015
Click on the image above for the LMD site. Or…
In… my defence – by Mohamed El Erian
, 30/07/2015
In Defense of Varoufakis by MOHAMED A. EL-ERIAN Click here for the Project Syndicate site. Or…
A Most Peculiar Friendship
, 30/07/2015
Crises sever old bonds. But they also forge splendid new friendships. Over the past months one such friendship has struck me as a marvellous reflection of the new possibilities that Europe’s crisis has spawned. When I was living in Britain, between 1978 and 1988, Lord (then Norman) Lamont represented everything that I opposed. Even though I […]
Treason charges: What lurks behind the bizarre allegations
, 29/07/2015
The bizarre attempt to have me indicted me on… treason charges, allegedly for conspiring to push Greece out of the Eurozone, reflects something much broader.
Statement by Yanis Varoufakis on the FinMin's Plan B Working Group & the parallel payment system
, 27/07/2015
Statement by the Office of Yanis Varoufakis, former Minister of Finance, Member of Parliament, Hellenic Republic During the Greek government’s negotiations with the Eurogroup, Minister Varoufakis oversaw a Working Group with a remit to prepare contingency plans against the creditors’ efforts to undermine the Greek government and in view of forces at work within the […]
Professor James K. Galbraith's statement on the Ministry of Finance Working Group convened by former finance minister Yanis Varoufakis
, 27/07/2015
(scroll down for the Greek language version) I spent five months from early February through early July in close association with the Greek Finance Minister, Yanis Varoufakis, and was part of the Working Group that did contingency planning for potential attempts to asphyxiate the Greek government, including aggressive moves to force the country out of […]
EU refuses to acknowledge mistakes made in Greek bailout – by Richard Koo
, 27/07/2015
Richard Koo sent me recently his latest, Nomura, assessment on Greece and our negotiations with the EU and the IMF. As always, Richard’s views make for fascinating reading. Here is the pdf copy that he has made available to us.
Romantiker gegen Pragmatiker – Die Zeit
, 25/07/2015
Yanis Varoufakis erklärt in einem neuen Buch seinem Kind, warum die Griechen nichts für ihre Situation können. VON ADAM SOBOCZYNSKI (Die Zeit site) DIE ZEIT Nº 28/201524. Juli 2015 15:11 Uhr 139 Kommentare Der ehemalige griechische Finanzminister Yanis Varoufakis | © dpa
Democracy under siege – interviewed for the Truman Factor
, 24/07/2015
Interviewed by Mariano Alonso and Luis Martin of the TRUMAN FACTOR.
Open Letter to Yanis Varoufakis & Dominique Strauss-Khan from Giulio Tremonti & Paolo Savona
, 24/07/2015
Rome, July 24, 2015 To Yanis Varoufakis and Dominique Strauss-Khan
Europe’s Vindictive Privatization Plan for Greece – Project Syndicate
, 21/07/2015
For the Project Syndicate site click here. Or…
Dominique Strauss Kahn, addressing "German friends"
, 20/07/2015
“In counting our billions instead of using them to build, in refusing to accept an albeit obvious loss by constantly postponing any commitment on reducing the debt, in preferring to humiliate a people because they are unable to reform, and putting resentments – however justified – before projects for the future, we are turning our […]