Can Greece stand on its own feet?
15/10/2014
As elections begin to loom in Greece, an extraordinary propaganda drive has commenced. Its purpose? To impress upon the world (with a view to swaying Greek pubic opinion) that Greece…
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Yanis Varoufakis
The talented Mr Hardouvelis
23/06/2014
The new Finance Minister, Gikas Hardouvelis, must either accept that he worked against the interest of the state when he was an adviser to Eurobank, or he is unfit to…
Another shady Greek banking deal: the Pireus-MIG deal
22/05/2014
Yanis Varoufakis and Klaus Kastner exchange notes on the ΄sordid relationship΄ between the MIG group and the Bank of Piraeus and the hundreds of millions of euros of loans between…
How the Greek Banks Secured an Additional, Hidden €41 billion Bailout from European taxpayers
12/05/2014
In 2013 Greek taxpayers borrowed from the rest of Europe’s taxpayers €41 billion to pump into the Greek banks. This is well known. What is not known is that, also…
EUROBANK: Another scandal re-packaged as part of the Greek Success Story
05/05/2014
Eurobank is an apt example of Greek ingenuity. Its name is a coup in itself.[1] Beyond semantics, however, and coming to recent developments, Eurobank is a wonderful example of the…
Greek statistics are back: Primary deficit presented as surplus, with Eurostat’s seal of approval
24/04/2014
Have you heard the one about Greece’s Eurostat-approved 2013 primary surplus? Well, you should not believe it. Here is why:
The Grand Greek Paradox: Bankrupt but embraced by the money markets
10/04/2014
Greece is about to issue 5 year bonds again. Berlin, Brussels, Frankfurt and Athens are celebrating Greece’s recovery. For my part, I think (and tell the BBC World Service) that…
Why the Left in Britain and in the Eurozone must aim for a radical Pan-European Green New Deal
26/03/2014
European capitalism was always going to become unhinged once the post-war global system, known as Bretton Woods, had run out of steam. And so it did.
Why I signed the petition for a Portuguese debt restructure
21/03/2014
In his latest opinion piece, economist Yanis Varoufakis argues why Portugal’s public debt must be immediately restructured so that the errors made in the Greek PSI are not repeated. “The…
What you should know about Greece’s present state of affairs – an update
07/03/2014
“It takes a passionate disregard for the truth to suggest that Greece is recovering.” That was my verdict last December upon being asked to comment on Greece’s rumoured recovery. Almost…