Greece's former finance minister, Yanis Varoufakis, now standing as a leftist candidate for the European Commission presidency, told the EU on Tuesday (26 March) to stop blaming China for an unbalanced economic relationship because the playing field "was never levelled in Europe".
The European Union's court on Tuesday denied access to a European Central Bank (ECB) document which underpinned its decision to freeze vital funding to Greek banks in 2015, a turning point in the country's financial crisis.
Former Greek finance minister Yanis Varoufakis, who was outspoken in his criticism of the austerity policies championed by Berlin at the height of the eurozone’s debt crisis, is to stand in European elections next year - in Germany.
Progressive forces need to stand up to the rise of far-right movements by building a social, Gregor Gysi said in an interview with EURACTIV, and the run-up to the EU elections provides a "historic window of opportunity".
Romania's former EU Agriculture Commissioner, Dacian Cioloș, who also briefly headed a technocratic government in 2016, has started a new political party just as the country gears up for presidential elections next year and parliamentary elections in 2020.
The race to succeed Jean-Claude Juncker as head of the first post-Brexit European Commission begins later this month – and in typical EU style it is starting with a row about how the race should be run.
The European Court of Auditors (ECA) insists it had the right to look into the role of the European Central Bank in Greek bailouts, based on the Lisbon Treaty and a European Parliament resolution, and is now seeking ways to access the documents the ECB has refused to hand over.
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.
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.
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.
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.
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.
"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.
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.
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.
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".
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