Greece
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former finance minister Yanis Varoufakis

Varoufakis: Greek Banks and State Should Not Have Been Saved

The bailout plan that saved the banks and Greek state, has allowed  the country to remain in “same black hole” from over a decade ago, according to Greece's former finance minister Yanis Varoufakis. Even as the bailout program comes to its conclusion, during an...

Varoufakis Launches New Party in Athens

A new political party launched by former Greek Finance Minister Yanis Varoufakis on Monday claims it will use debt restructuring to curb the effects of Greece's financial crisis. MeRA25 (an acronym for European Realist Disobedience Front), will be an offshoot...

Varoufakis Discusses 'Parallel Payment' He Presented to SYRIZA Back in in 2013

Greece's former finance minister, Yanis Varoufakis, stated while speaking with Skai news over the weekend that his idea for a “parallel system” of payments was received positively by SYRIZA's leadership, including Prime Minister Tsipras, as far back as 2013. According to...