Greek crisis

Following Greece’s latest election, after which Alexis Tsipras announced his resignation, a journalist asked me: “What conclusion do you draw from this situation?” Here is my answer: The crucial conclusion to be drawn is that radicals are never welcomed for long into the club of the powerful, even if they are willing to betray their […]
The post Alexis Tsipras resigns: lessons for progressives appeared first on Yanis Varoufakis.

Today I received an email that was impossible to ignore: “My name is HK and I am a 12-year-old Belgian student. We have been asked to formulate a question about a topic that interests us and then give a presentation about it in front of the group. The question I chose is: What was, or […]

Since its first bailout agreement in May of 2010, Greece has been under the technocratic and economic occupation of its bailout institutions, the European Commission, the European Central Bank (ECB), and the International Monetary Fund (IMF).

By: Andrew Gavin Marshall

Originally published: 7 July 2015

Former Greek finance minister Yanis Varoufakis told Jacobin why he’s publishing his secret recordings of the critical Eurogroup meetings of 2015 — and why the Left around Europe is struggling to overcome Syriza’s disastrous legacy.

Yanis Varoufakis during his speech in Hellenic Parliament. Dimitrios Karvountzis / Pacific Press / LightRocket via Getty

Κάθε επιδημία, βιολογική ή οικονομική, απαιτεί άμεση δράση πριν εξαπλωθεί. Την ώρα που κυβέρνηση και Eurogroup ωλιγορούν, το ΜέΡΑ25 κατέθεσε (10-3-2020) συγκεκριμένη, κοστολογημένη πρόταση άμεσης εφαρμοσιμότητας για την αντιμετώπιση της Νέας Ύφεσης που ερχόταν έτσι κι αλλιώς αλλά η οποία, λόγω κορωνοϊού θα έρθει γρηγορότερα και θα είναι βαθύτερη:

• 510 εκ για το Εθνικό Σύστημα Υγείας

• 800 εκ για τον τουρισμό

• 510 εκ για τους μικρομεσαίους, 300 εκ για τους Αιγαιοπελαγίτες

• 720 εκ για τους ευάλωτους

Spring is already in the air across Greece. Even in the bleakest of times, nature’s renaissance renders hope irrepressible. But this one is proving a cruel spring for a people caught up in a decade-old crisis yielding one ritual humiliation after another.

During 2015’s first half, as Greece’s finance minister, I participated in thirteen crucial Eurogroup meetings – before the SYRIZA government (disrespecting the referendum result of 5th July) capitulated. The result of that capitulation was my immediate resignation and a permanent austerity program (until… 2060). 

The left-wing party’s embrace of austerity created the conditions for a parasitic and cruel oligarchy to return
The Greek right is back: greedier, uglier and more focused than ever. The incoming New Democracy government is determined to reclaim full control of the state on behalf of the most parasitic segment of Greece’s oligarchy and, of course, of our country’s ruthless creditors.