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Whatever the Cost

James Angelos: ‘The Greek Spring’, 27 September 2018

Adults in the Room: My Battle with Europe’s Deep Establishment 
by Yanis Varoufakis.
Vintage, 562 pp., £9.99, May 2018, 978 1 78470 576 3
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... Together with Podemos in Spain, they would usher in a new era of social justice across Europe. Yanis Varoufakis, Greece’s finance minister and the personification of the rebellion, was in Syntagma Square that night. In Adults in the Room, his book chronicling his five months in office, Varoufakis gives his ...

Diary

Tariq Ali: In Athens, 29 July 2015

... fifty of his MPs voted against him. In the event six abstained and 32 voted against him, including Yanis Varoufakis, who had resigned as finance minister after the referendum, because, he said, ‘some Eurogroup participants’ had expressed a desire for his ‘“absence” from its meetings’. Now parliament had effectively declared the result of the ...

Rule-Breaking

Jan-Werner Müller: The Problems of the Eurozone, 26 August 2015

... Antonis Samaras hadn’t miscalculated at the beginning of the year and called an early election, Yanis Varoufakis would still be giving TED talks about Europeans not being morally worthy of a true federation. Samaras’s risky move wasn’t entirely out of character. Although most will remember him as the man who, after the Greek elections of ...

Bait and Switch

Simon Wren-Lewis: The Global Financial Crisis, 25 October 2018

Crashed: How a Decade of Financial Crises Changed the World 
by Adam Tooze.
Allen Lane, 706 pp., £30, August 2018, 978 1 84614 036 5
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... one in six Greeks was going hungry on a daily basis. What Syriza’s unorthodox finance minister, Yanis Varoufakis, wanted was debt relief on a scale that would make possible a sustained economic recovery. His posing of rational economic arguments against the conservative ideology of the Eurogroup won him an international following, but the ...

Reasons for Corbyn

William Davies, 12 July 2017

... so. By contrast, austerity has come to be experienced as an endless, pointless repetition of pain (Yanis Varoufakis described Greece’s bailout conditions as ‘fiscal waterboarding’). With each announcement that austerity will have to be extended because spending cuts have failed once more to reduce the government deficit (just as most economists ...

Diary

Alexander Clapp: The Theorists in Syntagma Square, 8 April 2015

... army, the police, the justice system and Greece’s oligarchs at home and abroad. In interviews Yanis Varoufakis, the finance minister, calls these the country’s ‘dark forces’. This is the deep state, which crystallised during the Civil War as the right’s tool for stamping out communism. The parents of many Syriza ministers were victims of the ...

After the Wars

Adam Tooze: Schäuble’s Realm, 19 November 2015

The Age of Catastrophe: A History of the West 1914-45 
by Heinrich August Winkler, translated by Stewart Spencer.
Yale, 968 pp., £35, September 2015, 978 0 300 20489 6
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... But Syriza and its supporters misjudged their antagonist. When the then Greek finance minister Yanis Varoufakis and others speculated that they were being waterboarded for the sake of whipping French fiscal policy into line, they fatally underestimated the political antagonism against their own party. Syriza had counted on the supposed values of the ...

A General Logic of Crisis

Adam Tooze, 5 January 2017

How Will Capitalism End? 
by Wolfgang Streeck.
Verso, 262 pp., £16.99, November 2016, 978 1 78478 401 0
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... Britain. In September 2015 Lafontaine popped up again, this time in Paris on a platform alongside Yanis Varoufakis, calling for a Plan B for Europe, a Europe beyond the euro.In the German Lexit camp, alongside Lafontaine and his one-time state secretary in the Finance Ministry, Heiner Flassbeck, the most prominent voice has belonged to the sociologist ...

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