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Yanis Varoufakis
The post-capitalist hit of the summer
By Yanis Varoufakis - Sep 01,2020
ATHENS — On August 12, something extraordinary happened. The news broke that, in the first seven months of 2020, the United Kingdom’s economy had suffered its largest contraction ever, a drop in national income exceeding 20 per cent.
Solidarity with the Germans
By Yanis Varoufakis - Aug 10,2020
ATHENS — During the worst clashes between the Greek and German governments amid the euro crisis, a German official attempted to dissuade me from insisting on debt relief for Greece with the argument that Germany may be rich, but a majority of its people are poor.
The COVID class war
By Yanis Varoufakis - Jul 01,2020
ATHENS — The euro crisis that erupted a decade ago has long been portrayed as a clash between Europe’s frugal North and profligate South.
Brexit’s stealthy rationality
By Yanis Varoufakis - Feb 22,2020
ATHENS—At pivotal historical moments, rational political ruptures often are brought about for all the wrong reasons.
The limits of Lagarde
By Yanis Varoufakis - Nov 28,2019
ATHENS — Shortly after the Eurogroup meeting of Eurozone finance ministers on June 27, 2015, I bumped into a worried-looking Mario Draghi, the president of the European Central Bank.
The IMF should take over Libra
By Yanis Varoufakis - Oct 19,2019
ATHENS — The Libra Association is fragmenting. Visa, Mastercard, PayPal, Stripe, Mercado Pago and eBay have abandoned the Facebook-led corporate alliance underpinning Libra, the asset-backed cryptocurrency meant to revolutionise international money.
Fiscal money can make or break the euro
By Yanis Varoufakis - Jun 19,2019
ATHENS — It is a curious feeling to watch your plan being deployed to do the opposite of what you intended.
A Greek canary in a global goldmine
By Yanis Varoufakis - May 22,2019
ATHENS — The eurozone country that has become synonymous with insolvency is today proving to be a treasure-trove for some. Traders who bought Greek assets a few years ago have good reason to celebrate, having banked returns that no other market could have provided.
Stagnant capitalism
By Yanis Varoufakis - Mar 28,2019
ATHENS — When the Great Depression followed the 1929 stock-market crash, almost everyone acknowledged that capitalism was unstable, unreliable and prone to stagnation. In the decades that followed, however, that perception changed.
Europe’s leaders are aiding Italy’s populists
By Yanis Varoufakis - Mar 16,2019
ATHENS — Italy is now the frontline in the battle of the euro.

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