“I have made mistake, big mistakes,” Greek prime Minister Alexis Tsipras told UK daily The Guardian, his biggest error may have been “the choice of people in key posts”. For the first time ever since Yanis Varoufakis left the government in summer 2015 and kept sharply criticizing Tsipras on his …
Read More »Search Results for: Varoufakis
Firestorm as Greek politicians discover Varoufakis’ “Adults in the Room”
A political firestorm broke out in Greece over the weekend when several newspapers published excerpts from the book “Adults in the Room” written by former finance minister Yanis Varoufakis. In his book Varoufakis revealed some dialogues he held with Prime Minister Alexis Tsipras and deputy finance minister Giorgos Houliarakis who …
Read More »10% of civil servants’ salary in vouchers: Varoufakis’ Parallel Currency plan
The plan for a parallel currency that the Greek government and the finance minister of the time, Yanis Varoufakis, were planning in 2015, were laid bare with all the details by his close associate at the time, Glenn Kim. the plan foresaw that ten percent of civil servants’ salary would …
Read More »Varoufakis new book: Tsipras was overwhelmed, Macron offered deal, Schaeuble blocked any solution
Former Greek finance minister, Yanis Varoufakis, claims to have secretly recorded his conversations with top figures, and says his experience showed how far Germany was willing to go to protect the single currency. His new book is named Adults in the Room: My Battle with Europe’s Deep Establishment, gives an …
Read More »Varoufakis launches petition urging Draghi to publish legal opinion on Capital Controls
The European Central Bank has commissioned a legal opinion on the legality of the imposition of capital controls in Greece end June 2015. But ECB chief, Mario Draghi refuses to make the findings public. Former Greek finance Minister Yanis Varoufakis and French Socialist Party candidate for the Presidency Benoît Hamon …
Read More »IMF finally agrees with Varoufakis: Debt “unsustainable”, no more “austerity”
At the end of years of disagreement the International Monetary Fund and former Greek Finance Minister Yanis Varoufakis agree that Greece’s debt is “unsustainable” and that “austerity” does not help. Point is that Varoufakis shouted it from February to beginning of July 2015, while the IMF came to this conclusion …
Read More »Varoufakis urges Tsipras to ditch negotiations, adopt “parallel system”
Former finance minister Yanis Varoufakis strikes back and urges Prime Minister Alexis Tsipras to turn his back on Greece’s lenders, adopt a parallel payment system and to unilateral restructure the loans held by the European Central Bank. In an op-ed in Efimerida ton Syntakton, Varoufakis, Varoufakis calls on Tispras to …
Read More »Varoufakis: Shortlisted Candidate for Children Book Award
Former finance Minister Yanis Varoufakis is one of the candidates for a Children Book Award. The name of Varoufakis is on short listed by the Greek Ministry of Culture for his book “Talking to my daughter about the economy” and in the category “knowledge books for children.” Varoufakis’s book was …
Read More »Varoufakis on Brussels’ Less Austerity: Irrelevant proposal by irrelevant Commission
One may not agree with former Greek finance Minister Yanis Varoufakis but occasionally the man is right. Very right and very to the point, indeed. On the European Commission’s proposal for “Less austerity” Varoufakis commented with an article “Irrelevant proposal by an irrelevant Commission”. Some excerpts here: So, the European …
Read More »Parliament rejects ND proposal for probe into Varoufakis’ Plan X, capital controls, 3. bailout
Greek Parliament rejected the proposal of major opposition party New Democracy to establish a special committee assigned to probe “Plan X”, the imposition of capital controls in June 2015 and the signing of the 3. bailout agreement with the European lenders. Plan X was a contingency plan drafted by former …
Read More »Ex Varoufakis’ advisor Galbraith reveals details of “Plan X for Grexit”
One year after the Greek Referendum. One year after controversial Finance Minister Yanis Varoufakis was shown the way out. One year after a very painful Greek experience. And the book of Varoufakis’ former advisor, US economic James Galbraith who drafter the “Plan B for Grexit” is being presented to Greek …
Read More »ESM Regling: “Varoufakis cost Greece 100 billion euro”
Head of the European Stability Mechanism Klaus Regling said that the cost for Greece for having Yanis Varoufakis as Finance Minister was 100 billion euro. In an interview to private Skai TV, Regling said that he estimates the cost for Greece to be 100 billion euro, “although there was no …
Read More »Varoufakis: We used threat of “Grexit” in negotiations; describes Schaeuble as “incompetent little man”
For one more time, controversial ex finance minister Yanis Varoufakis stirred the local political scene on Thursday when he claimed that the “agreement with (Greek PM Alexis) Tsipras was to threaten them (the institutions) with Grexit behind closed doors.” In an interview to an alternative news site in Athens, Varoufakis …
Read More »Varoufakis’ Pan-European “Democracy in Europe Movement” launched in Berlin
Former Finance Ministrer Yanis Varoufakis launched today his much awaited pan-European Movement that aims to become a political party. The Grand opening took place today, Tuesday, in the wolf’s hole, in Berlin, not so far way from the offices of his foe, the German Fiance Minister Wolfgang Schaeuble. The official …
Read More »Varoufakis reveals: Plan X & Parallel Currency in case Greece would have been kicked out of the eurozone
Former Finance Minister Yanis Varoufaks revealed that there was a Plan X for the case that Greece would have been kicked out of the eurozone. Speaking to private Skai TV about the long and winding road of the negotiations with the European nand the IMF creditors in the first half …
Read More »Varoufakis: Capital controls introduced Two Parallel Currencies in Greece
Former Finance Minister Yanis Varoufakis reveals that the capital controls imposed in June 2015 in fact created two parallel currencies in Greec, the bank euros imprisoned in the lational banking system and the currency euros in form of banknotes and coins. “Once euro deposits are imprisoned within a national banking …
Read More »Varoufakis to establish a pan-European political party in February
Varoufakis’ fans across Europe, get ready! The former Finance Minister of Greece, Yanis Varoufakis plans to form a political party, a pan-european movement, as of February 2016. In an interview to Italian weekly magazine L’ Espresso, Varoufakis revealed his plans saying that his aim is to “democratize Europe.” Varoufakis said …
Read More »Varoufakis says he wanted to use Greece’s “Default as a strategy weapon” to force agreement with creditors
“We should have defaulted. They would have come around and we would have a compromise agreement, but I wasn’t allowed to use that weapon,” former Greek Finance Minister Yanis Varoufakis said in an interview to The Guardian. Speaking about the times of negotiations between Greece and the lenders, the former …
Read More »Time for Varoufakis to get over the political ‘divorce’ from Tsipras
Someone is still hurt deep down inside. And he cannot get over it. Word is about the ex Finance Minister Yanis Varoufakis, who was kindly requested to resign from his post after the Referendum in July as he had disagree with PM Tsipras. Yet, the ex FinMin-Super Star of Greece …
Read More »Varoufakis to give away his Yamaha as reward to those who can…
Former Finance Minister Yanis Varoufakis got really angry. And he decided to reward with his own Yamaha motorcycle those who can prove that the claims his former partner in coalition government alleged were true. So he tweeted: Όποιος αποδείξει ότι έχω δουλέψει έστω για 1'σε fund (κι όχι μόνο …
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