Introducing a parallel currency would create money and delay Greece’s inevitable financial default. But the strategy will only work if investors believe the country won’t collapse
The full text of the letter sent by Greek finance minister Varoufakis to the President of the Eurogroup, as reported by Reuters
The allegation: Cyprus received loans only on the condition that its banks sold their branches in Greece to a competitor in Athens at a fraction of their value. ThePressProject publishes…
On Friday night the Greek finance minister, Yanis Varoufakis, averted total surrender to a German led demand for Greece to implement the total austerity programme of its former conservative government.…
Syriza’s most senior politician, the 94-year-old war hero and MEP Manolis Glezos, opposes his party’s decision to extend the Eurozone bailout program.
At the press conference following Eurogroup yesterday, Paul Mason from Channel 4 asked Djisselbloem "What do you say to the Greek people, whose democracy you’ve just trashed". Mason, in an…
A sense of creeping Islamisation in Turkish schools has brought a number of concerned citizens together to protest against the government’s efforts to to increase the influence of Islam within…
Athens is proposing reasonable concessions. Berlin needs to accept them.
The Greek street artist, Stefanos, has sought to reflect the social and economic instability of life in the Greek crisis, hijacking the currency in his art project, ΄Euro bank note…
Varoufakis is the first heterodox academic economist, a critic of the dominant neo-classical tradition that holds sway in university departments, to make it into power. His ascent sends a warning…