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Yanis Varoufakis reportedly lost his job as Greece's finance minister because of comments he made to The Telegraph's Ambrose Evans Pritchard. 
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According to former Greek Finance Minister Yanis Varoufakis, prior to making a deal with European creditors, he was authorized to find an alternative way to keep the country's financial health in good standing.
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Feckless German banks lent Greece money. It was their risk, they should have been burnt were the debt to be impossible to repay.
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In his first interview since resigning, Greece's former Finance Minister says the Eurogroup is “completely and utterly” controlled by Germany, Greece was “set up” and last week’s referendum was wasted.
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We've made hope return to Europe. -- Yanis Varoufakis Sunday’s referendum will take place under a kind of financial warfare not seen in the history of modern states. -- Paul Mason Greece is being s...
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While Greece’s lenders are pushing the Greek government to accept their terms in order to allocate funds so the country will not go bankrupt, Greek Finance Minister Yanis Varoufakis seems to have another ace up his sleeve. The second top thinker in the world according to prospect magazine surprised even his closest aides at a secret meeting when he said “We ‘ve had enough, we ‘ll run on Bitcoin.”
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Any sensible person can see how a certain video[1] has become part of something beyond a gesture. It has sparked off a kerfuffle reflecting the manner in which the 2008 banking crisis began to unde...
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The Greek government wants a final deal with its EU partners by April 20, or even sooner, and is prepared to delay implementation of some pre-election promises in order to win their trust and achieve this, Greece’s Finance Minister Yanis Varoufakis...
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The issue in the negotiations with Greece’s creditors is not whether to apply the reforms or not, Greek Finance Minister Yanis Varoufakis said from Venice on Saturday, but what process will be followed.
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“Our commitment on the extension of the loan agreement, with the specific reforms program that we have agreed to removes even the last legal argument of the eurozone’s institutions that demanded our subordination into a ‘program’ in order to lift...
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by Chris Cook originally published http://www.pieria.co.uk/articles/greece__a_varoufakis_conversion Greece’s new Syriza government has two major economic challenges to address: a Resolution of Greece’s unsustainable debt burden followed by a...
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Mark Coles profiles the flamboyant and hugely important Greek finance minister.
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Greece is and will continue to remain in the Eurozone and the Eurozone is indivisible, Greek Finance Minister Yanis Varoufakis said on Monday evening, following a meeting of the Eurogroup in Brussels.
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Former Greek finance minister’s alternative to Greece remaining in the euro was to introduce an online tax settlement platform and parallel payment system to replace paper money.
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Look, I’ve always been against Grexit – like Varoufakis. But now, as a result of the bailout agreement, Greece is a situation where the costs of staying in the euro have gone up so much that it’s possible to establish that there is a trade-off between going out – and facing all of the short-term costs of leaving the euro – versus staying in a circumstance where you are forced to renounce your sovereignty without getting any economic relief in exchange. I think that Tsipras has made up his mind on this issue and has concluded that the best thing for Greece is to stay in the euro, regardless of the costs. And it’s a respectable decision. But once you start assessing the economic logic and everything that has happened, you can’t but conclude that Greece has no future in the euro.
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Former finance minister blasts EU, saying: "No one government should ever be treated that way in the context of a club of democratic nations."
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Debt restructuring has always been our aim in negotiations – but for some eurozone leaders Grexit is the goal
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Two SYRIZA ministers for the price of one! Here you can find audio of our talks at the INET-OECD 9th April conference on the subject of ‘Eurozone institutions during the bank bailout negotiations’.
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While the ‘enfant terrible’ of the financial media, Greece’s new finance minister Yanis Varoufakis, enters key negotiations with other Eurozone finance ministers on a deal over Greek debt and economic recovery, I have been reading up on Varoufakis’ economics and philosophical ideas.
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Greek Finance Minister Yanis Varoufakis and SYRIZA MP and economics professor Costas Lapavitsas continued with clever quotes on the Greek debt issue, even though the former is in favor of the euro zone while the latter insists on a bloodless exit.
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The current conjuncture, in Greece and also beyond, is marked by efforts to make sense of what happened at the February negotiations within the Eurogroup.
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by AKIS GAVRIILIDIS
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“The Greek Finance Minister was either attempting a poker game bluff or he underestimated the severity of the Greek economic situation,” stated Eurogroup President Jeroen Dijsselbloem in an interview to Dutch television.
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Greek Finance Minister Yanis Varoufakis said the electorate is excited with the new deal when he spoke to CNN a few hours before sending the final list of reforms by the Greek government to its European partners.
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You can trust a con man to double down on his lying and cheating whenever something – or someone – is exposing his lies. Which is exactly what Schauble, minister of finance of Germany does. And I don’t mind. He is a politician – it is what he is supposed to do. But that’s the point. Much of the press believes him, for instance when he – or somebody from his coterie around him, like mr. D. – is talking about Greece. And he will only be as honest as the press forces – forces! – him to be. At one point, even the existence of Greek ideas and plans was put into question. Well,here they are, via a part of the Greek press which, by the way, is owned by the oligarchy. The failure of the press clearly is not caused by any kind of class struggle. It’s just bad reporting. An excerpt (mind the realist ‘mark-to-market’, non-dogmatic and even bourgeois nature of the piece):
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