Tag Archives: Greek crisis

This is a superbly written account of the struggle to alleviate the austerity imposed upon the Greek people by the eurozone. Greece, argues Varoufakis, has been put in a debtors’ prison and robbed of autonomy and dignity for the indefinite future. Critics would argue that he failed as finance minister in 2015 because he was insufficiently politic. More plausibly, he could never have succeeded, such were the...

Yesterday, the Eurogroup came up with another fudge, another extend-and-pretend loan tranche, for Greece. It is, as this annotated version of the Eurogroup statement explains, a further boost to Greece’s never-ending crisis. Greece’s creditors, the EU and the IMF, are refusing even to discuss Greece’s recovery, Greece’s escape from debtor’s prison. So, what should be done? DiEM25 just published the English...

Extending (again) the extending-and-pretending Eurogroup policy on Greece’s never-ending crisis Back in August 2015, while sitting gloomily in the Greek Parliament during the sad, long night leading to the voting in of the 3rd MoU, I found solace in annotating the MoU’s text. Last night, I felt the need to repeat that wretched ritual once more, this time with the 15th June 2017 Eurogroup statement on Greece. (In...

What happens when you take on the establishment? In this blistering, personal account, Yanis Varoufakis blows the lid on Europe’s hidden agenda and exposes what actually goes on in its corridors of power. ‘One of the greatest political memoirs of all time’ (Guardian) The Sunday Times Number 1 Bestseller Varoufakis sparked one of the most spectacular and controversial battles in recent political history when, as...

ATHENS – On March 25, Europe’s leaders convened in the birthplace of the “European project” to celebrate the 60th anniversary of the Treaty of Rome. But what exactly was there to celebrate? Were they reveling in Europe’s disintegration, which they now call “multi-speed” or “variable geometry” Europe? Or were they there to applaud their business-as-usual approach to every crisis – an approach that has fanned the...

Anyone who doubted that the IMF is in deep trouble over its inane involvement in the toxic Greek bailout, and Berlin’s policy of extending Greece’s insolvency ad infinitum while the country’s social economy shrinks, should now have no more doubts. Congressman Bill Huizenga (R-MI), a senior member of the House Financial Services Committee, yesterday introduced the IMF Reform and Integrity Act, which would require...

https://www.yanisvaroufakis.eu/wp-content/uploads/2017/03/Doug-Henwood-Radio-Interview-17-MARCH-2017.mp3

Greece’s former finance minister, with German MEP, to hold press conference Wednesday, March 8, to announce filing a vital Freedom of Information request to the ECB. (Click Brussels Press Conference DiEM25 Press Release for pdf version) WHEN: Wednesday, March 8, 2017 ( 10:00 – 10:30 CET ) WHERE: Anna Politkovskaya Room, PHS 0A50 – European Parliament (Brussels) RSVP: [email protected] LIVESTREAM:...

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Join the campaign to demand that the ECB publish the legal opinion it commissioned on whether its closure of Greece’s banks in 2015 was… legal. CLICK HERE! [embedded content]