About: Yanis Varoufakis

Future EU 16-10-2017

Varoufakis tells Macron to adopt the ‘empty-chair’ tactic

Former Greek finance minister Yanis Varoufakis supports Macron’s federalist proposals on the euro single currency but believes only a real threat could make Germany budge on the issue. EURACTIV France reports.

Elections 22-09-2017

Trans-Europe Express: Germany’s tolerance deficit

Asked to explain the AfD’s surge in the polls, Merkel offered a strictly economic analysis. The problem was that she was wrong.

‘Open the ECB’s Black Box’ say Varoufakis and De Masi
Economic governance 09-03-2017

‘Open the ECB’s Black Box’ say Varoufakis and De Masi

The Greek economy is still in crisis, contracting 1.2% in the quarter. The figures, published by the Greek statistics agency, Elstat, show it was the worst quarter since the summer of 2015, when the European Central Bank closed the Greek banks.

Varoufakis urges next Spanish leader to defy Brussels

Greece's far-left former finance minister Yanis Varoufakis called yesterday (21 February) on the next leader of Spain to defy the European Union, speaking to hundreds of cheering onlookers during an anti-austerity gathering in Madrid.

Euro & Finance 16-02-2016

Gesine Schwan: Refugee crisis has exposed EU’s ‘pseudo-solidarity’

Whether it’s the refugee or financial crisis, Germany always stands in the way of European solidarity, endangering the entire EU, warned Gesine Schwan in an interview with EURACTIV Germany.

Euro & Finance 20-01-2016

Varoufakis: China was ready to support Greece, but Berlin killed the deal

Athens had secured a funding deal with China during the crucial negotiations with its creditors last summer. But a phone call from Berlin to Beijing killed it, Yanis Varoufakis disclosed on Tuesday (19 January). EURACTIV Greece reports.

Economy & Jobs 06-01-2016

Varoufakis to launch new movement in Berlin

Former Greek Minister for Finance Yanis Varoufakis is planning a comeback - in Germany. EURACTIV Germany reports.

Elections 03-09-2015

Tsipras and Varoufakis: A messy split

Alexis Tsipras and Yanis Varoufakis shared a vision once, but the double act of the Greek debt drama's most colourful characters now appears well and truly over.

Euro & Finance 24-08-2015

Varoufakis: Greek deal was a coup d’état

Ignoring the will of the people by pursuing unpopular austerity policies plays into the hands of Europe's extreme right, say Yanis Varoufakis and Arnaud Montebourg. EURACTIV France reports.

Euro & Finance 05-08-2015

Are Paris and Berlin really divided over Greece?

In an interview with Handelsblatt, Michel Sapin said Wolfgang Schäuble was “wrong” about Grexit, but the French-German relationship goes from strength to strength. La Tribune reports.

Euro & Finance 03-08-2015

A Greek Versailles?

Former Greek Finance Minister Yanis Varoufakis denounced the July bailout agreed between prime minister Alexis Tsipras and the eurozone leaders as a “new Versailles Treaty”. Quincy Cloet asks if this is a fair comparison. 

Economy & Jobs 28-07-2015

Varoufakis’ allegations ‘false and unfounded’, says Commission

"On what Mr Varoufakis has been saying, the allegations that the troika was controlling the secretariat general of public revenues are false and unfounded," European Commission spokeswoman Mina Andreeva told a news briefing, referring to the "troika" of Greece's creditors the Commission, European Central Bank and International Monetary Fund.

Euro & Finance 28-07-2015

Brussels denies Varoufakis’ claims that troika controlled Greek tax agency

The European Commission on Tuesday (28 July) sharply denied claims by Greece's ex-finance minister Yanis Varoufakis that creditors overseeing Greece's bailout also controlled the country's tax agency.

Greek Drachma
Euro & Finance 27-07-2015

Syriza rocked by reports of secret drachma plan

Some members of Greece's leftist government wanted to raid central bank reserves and hack taxpayer accounts to prepare a return to the drachma, according to reports on Sunday (26 July) that highlighted the chaos in the ruling Syriza party.

Euro & Finance 16-07-2015

Greek parliament approves bailout

Greece's parliament passed sweeping austerity measures demanded by lenders to open talks on a new bailout package early Thursday (16 July), but dozens of hardliners in the ruling Syriza party deserted Prime Minister Alexis Tsipras.

Euro & Finance 11-07-2015

Progress on Greek deal seen as triumph for France

As Greece inches closer to a bailout deal that will keep it in the eurozone, experts have hailed France for playing the role of pacifier in fractious debt talks and putting the brakes on a dreaded "Grexit".

Euro & Finance 07-07-2015

Voters in eurozone countries remain open to a compromise with Greece

Greece's creditors claim that they are acting on a mandate from the EU's citizens by refusing to be flexible. But public opinion in the union is not so hostile argue Michael Bechtel, Kirk Bansak, Jens Hainmueller and Yotam Margalit. 

Euro & Finance 07-07-2015

Hollande, Merkel press Greece to bring serious proposals to Eurogroup summit

France and Germany told Greece on Monday (6 July) to bring serious proposals to the eurozone summit today, in order to restart financial aid talks. In the meantime, the Netherlands warned that if the Greeks went to Brussels demanding changes because they felt supported by the "No" vote in the referendum, it would be ‘over’ for them.

Economy & Jobs 06-07-2015

Commission says ‘No’ vote widens gap between Greece and EU

“We respect the democratic choice of the Greek people. The "No" result unfortunately widens the gap between Greece and other eurozone countries,” said Valdis Dombrovskis, on Monday (6 July).

Euro & Finance 06-07-2015

Greek ‘No’ inflicts heavy blow on EU

EU leaders will have a lot of soul searching to do today, following the victory by the "No" camp in the Greek referendum on Sunday (5 July), which rejected their proposed rescue package.

Euro & Finance 03-07-2015

EU, IMF add to the confusion ahead of Greek referendum

The EU and IMF issued warnings about the perilous state of Greece's finances yesterday (2 July), ahead of a referendum that will determine its future in the eurozone.

Greece defaults on IMF loan, referendum hangs in doubt

Greece's last-minute overtures to international creditors for financial aid yesterday (30 June) were not enough to save it from becoming the first developed economy to default on a loan with the International Monetary Fund. The situation remains so uncertain that even the Sunday referendum, on whether to accept the aid, hangs in doubt.

Euro & Finance 30-06-2015

Greece to lose €16.3 billion at midnight

Assuming that there is no last-minute deal between Athens and its creditors, Greece will lose €16.3 billion of financing at midnight Washington time today (30 June), EU officials told the press in Brussels.

Euro & Finance 30-06-2015

Juncker makes last minute offer to Greece

Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreement before the deadline expires today (30 June), European Union and Greek government sources said.