Yanis Varoufakis: Thoughts for the Post-2008 World

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  The Eurogroup approved a 500 billion package to fight the crisis. You recently wrote in the Guardian that The EU’s coronavirus relief deal is a gift to Europe’s enemies. Explain. To begin with, the 500 billion euros is almost entirely loans. It’s exactly what Europe doesn’t need, especially like the countries that were hit the hardest, like Italy or Spain or Greece, which have the least capacity to have the...

The debate about the economic consequences of the Coronavirus pandemic has already begun: what do you think is easier to happen? Will it be a momentary crisis or a crisis destined to change our economic system forever? Neither. The consequences will be harsh and will not disappear any time soon. But, it will not, on its own, change the way capitalism works – even though, it is true, commentators revisit important...

Today, on the Thursday symbolising the Last Supper, it is hard for Greeks to take their minds off last Thursday, 9th of April 2020 – the day that the Eurogroup shamelessly condemned our long-suffering people, along with millions of Italians and millions of other Europeans, to huge new austerity precisely at the time they will be struggling to recover from lockdown and massive economic depression. Dark days are...

[embedded content] Μεγάλη Πέμπτη σήμερα. Μια εβδομάδα ακριβώς αφού η κυβέρνηση, με την εκούσια ανυπαρξία της στο Eurogroup, συνθηκολόγησε στο 5ο Μνημόνιο – το 5ο Μνημόνιο του οποίου η φαρμακερή λιτότητα του χρόνου θα πλήξει ένα ήδη λαβωμένο λαό ακριβώς την ώρα που θα πασχίζει να γιατρέψει τις πληγές του μετά τον εγκλεισμό και τη νέα οικονομική κατάρρευση. Έρχονται μέρες χαλεπές για τον Λαό,...

[embedded content] Covid-19 has turned our lives inside-out, upside-down. It has put capitalism in suspended animation. It destroyed lives. It caused a new tsunami of poverty, demonstrated the deep class and race divides as some of us are privileged enough to be in isolation while an army of people out there labour for a pittance and at risk of infection to cater to our needs. But, as...

[embedded content] Discussing the toxic impact of the Eurogroup agreement of 9th April 2020 on Italy and Europe at large. Interviewed by Richard Quest on CNN’s Quest’s World

Europe suffered a historic defeat on Thursday night. After weeks of impasse, the Eurogroup gathering of finance ministers, whose countries share the euro, reached a decision on their collective response to the coronavirus pandemic’s economic impact. Besides constituting an epic dereliction of duty, the Eurogroup’s decision dealt a decisive blow to the foundations of the European Union – much to the delight of...

[embedded content] Το ΜέΡΑ-TV είναι γεγονός. Στα βήματα του DiEM-TV που έχει ήδη φιλοξενήσει προσωπικότητες όπως η Saskia Sassen, ο Noam Chomsky, ο πατέρας του Julian Assange και πολλοί άλλοι (στα αγγλικά βέβαια), το ΜέΡΑ25 φέρνει στο ελληνόφωνο κοινό συζητήσεις που υπερβαίνουν τα τετριμμένα, τα κομματικά, τις ποταπές αντιπαραθέσεις – συζητήσεις που, αντίθετα, αναφέρονται στα μεγάλα...