Tag Archives: European Crisis

TIME FOR RESIGNATIONS AT THE IMF, THE ECB & THE COMMISSION TIME FOR AN APOLOGY TO THE PEOPLE OF GREECE TIME  FOR A POLICY U-TURN, BEGINNING WITH IMMEDIATE DEBT RELIEF, THE END OF AUSTERITY & THE CESSATION OF FIRE SALES TIME FOR THE RESTORATION OF GREEK DEMOCRACY This week began with a debate in Greek Parliament called by the Official Opposition (the troika’s main, but not only, domestic cheerleaders) for the purposes of, eventually, indicting me for daring to counter the...

The architecture of the European Union institutions is flawed. Its leaders seem to deny the ineffectiveness of the response given to the financial and economic crisis as we see inequality and extremism on the rise. The European Union will be unprepared for the next crisis unless it profoundly reforms its governance and enhances democracy. Today in Europe we see it being bashed, mistrusted, and loaded with negative emotional charges. Why? What do you think are the big disintegration...

The complete pdf of the Keynote with which I closed the 6th Moscow Biennale on 1st October 2015 is now available:. Click here (And for an audio file, click here)

For the German language version, as published in Die Zeit on 18 July 2016, click here. For the English version (as I wrote it originally)… The euro has failed, both as an economic and a political project. Moreover, its failure is tearing the European Union apart. Can Europe respond creatively to stop this deconstruction? By Yanis Varoufakis Brexit would not have happened if the Eurozone had not failed so spectacularly. Its impact on the EU’s future will hinge on whether the euro’s...

Yanis Varoufakis on the consequences of Brexit – and why homelessness in Greece is set to rapidly escalate Click here for The Big Issue sire or… In the white heat of Greek recession, the rise of anti-austerity party Syriza and threat of Grexit from the EU marked the emergence on to the international stage of a new principal player. Rock star economist Yanis Varoufakis cut a suave figure with his leather jacket, chiselled looks and intelligent, eloquent dissection of EU fiscal policy...

This article by Tom Strohschneider was first published in the German newspaper Neues Deutschland. Read the German original here or the English version on the DiEM25 site.  In Athens, the opposition is currently trying to suck political honey out of a story that is actually already old hat: before and during the “Greek Spring”, the SYRIZA-led government made preparations for the possibility of a forced exit from the Eurozone. Now however, critics even speak of a “coup that never...

Stefano Fassina wrote the following letter to la Repubblica’s editor, in response to the article that I published in the same newspaper with Lorenzo Marsili. Over the next few days, I shall be replying to Stefano here. Meanwhile for the original version in Italian, click here. For the English language version…To the Editor: A few days ago on this site Yanis Varoufakis and Lorenzo Marsili, two of the founders of “Diem 2025”, recalled the humiliating victory of “Oxi” in the referendum on...

by Yanis Varoufakis and Lorenzo Marsili. Click here for the la Repubblica site. For the English language version… A year ago, the OXI vote in Greece was a thumping NO to an authoritarian, austerian, troika-controlled EU and a majestic YES to a democratic Europe. This message is more relevant today than ever. Since last summer, the crushing of the Greeks’ OXI reinforced the centrifugal forces that are tearing Europe apart and begat the awful EU-Turkey treaty on refugees that sacrificed...

Podemos suffered in the Spanish elections because it lacked a defining European agenda. BY YANIS VAROUFAKIS ON 7/8/16 AT 4:19 PM – click here for the Newsweek site or… Spaniards went to the polls three days after the shock of Brexit to produce a result that, ostensibly, delivers victory to the status quo. However, the status quo is tired, fragmenting, and prone to vicious unraveling unless the EU’s deconstruction is impeded. But, the Spanish establishment, which is determined to...

James K. Galbraith, a founding DiEM25 member, writes exclusively on DiEM25’s site about his latest book and his contribution to the first SYRIZA government’s Plan X – a defensive plan to be activated if Greece’s creditors made good of their threat to throw Greece out of the euro in response to the new government’s determination to re-negotiate the troika’s failed ‘Greek program’. Yesterday, on the first anniversary of the courageous OXI vote of the Greek people, the Greek oligarchic media...