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Search Results for: Varoufakis

Varoufakis: Creditors want wages down to 700 euro

Finance Minister Yanis Varoufakis revealed the size of pressure the Greek government and the negotiation team is exposed to by the creditors but also the creditors’ plan who insist on further austerity. “The lenders have gone so far to demand that we reduce all wages above 700 euro down to …

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US President Obama chats with Varoufakis in White House

US Presidents do not normally meet and chat with finance ministers. However US President Barack Obama broke the protocol and had an informal chat with Greek Finance Minister Yanis Varoufakis during a reception hosted at the White House in order to honor Greece’ Independence Day. Certainly a powerful gesture of …

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Lagarde finds Varoufakis in a basket of Easter Eggs

Managing Director of International Monetary Fund Christine Lagarde was surprised to find Yanis Varoufakis hiding in a bush next to other Easter Eggs. The Greek Finance Minister had asked her for an urgent meeting on this Easter Sunday to talk “negotiations” and “reforms” as time and cash are running up …

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Greek FinMin Varoufakis among 10 World Thinkers 2015

Greek Finance Minister Yanis Varoufakis is among the World Thinkers 2015. In a online voting poll conducted by the Prospect Magazine, Varoufakis comes second after French economist Thomas Picketty, whose book Capital in the Twenty-First Century had sold a remarkable 1.5m copies worldwide in several languages. Several of the other …

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