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27/09/2016

Varoufakis to launch new movement in Berlin

Europe's East

Varoufakis to launch new movement in Berlin

Yanis Varoufakis

[Marc Lozano/Flickr]

Former Greek Minister for Finance Yanis Varoufakis is planning a comeback – in Germany. EurActiv Germany reports.

In February, he wants to launch a “third alternative” to renationalisation and the “anti-democratic European institutions”.

Varoufakis wants to launch his pan-European project as early as February. The initiative, under the name of “Democracy in Europe Movement 2025” (DiEM 25), wants to bring interests together in order to “democratise Europe and stop the creeping fragmentation”, according to Neues Deutschland.

>>Read: Syriza’s new man in Berlin

Varoufakis intends to launch his new project on 9 February in Berlin, at the Volksbühne theatre, which over the years has seen the start of many movements, including many that worked for the fall of the Berlin Wall.

The former finance minister has repeatedly said that he wants to start a new movement, not a political party. Instead, his proposed “third alternative” wants to highlight the wrong direction and decisions of nation states and the “anti-democratic European institutions”.

Varoufakis, who constantly fought against the austerity measures demanded by Greece’s creditors, resigned his office in the summer of 2015. Since then, he has been a regular participant in discussions that seek to find an alternative to the return to the nation state or the collapse of the eurozone. If the euro were to collapse and the crisis to continue ad nauseum, this would lead to “hopelessness, depression and anxiety” and contribute to a resurgence of renationalisation, ultra-nationalisation and xenophobia, he warned in a recent interview with the Spanish newspaper El Diario.

>>Read: Commission silent over Greece’s distorted energy market

In November, a meeting had been planned in Paris regarding “the struggle for a plan B in Europe”, but did not take place due to the terror attacks that hit the French capital. The meeting has been rescheduled for this month in the same location. Planned participants include Susan George, a global social justice activist, and Stefano Fassina and Oskar Lafontaine, the former finance ministers of Italy and Germany.