Yanis Varoufakis

New Democracy MP and parliamentary spokesperson Kyriakos Mitsotakis revealed today that the main opposition party will vote in favor of the four-month loan extension agreement, when this comes to the Greek Parliament. As he highlighted in an interview with...

Greek Finance Minister Yanis Varoufakis said he relies on the European Central Bank (ECB) financial assistance to help the country avert a possible default, when liquidity and bank deposits are projected to be over by next month. In an...

German outlet Neo Magazin Royale produced a music video poking fun at the German stance towards Europe and Greece that Greek Finance Minister ("and Financial Hercules") Yanis Varoufakis is here to change! This is what the Germans wrote about their...

The 12-hour meeting of the SYRIZA parliamentary group was marked by serious disagreements over the Eurogroup deal on Tuesday that extends the bailout program for another four months. The loudest disagreements came from Minister of Productive Reconstruction Panagiotis Lafazanis and...

Greek Finance Minister Yanis Varoufakis on Wednesday said that a target for a 3% primary surplus would be catastrophic for the economy and that it was no longer under discussion. "A primary surplus could not be higher than 1.5%," Varoufakis...

The Greek reforms list received the green light from the Eurozone finance ministers on Tuesday, February 24, but according to foreign media the situation will only get harder for Greece now that the country is required to implement its...

Greece 's struggle to come out of the economic crisis has many supporters around the world. The most recent one is Grammy-winning Canadian indie rock band Arcade Fire. Singer Will Butler wrote a song called "Clean Monday," named after the...

The latest issue of French magazine Charlie Hebdo hosts an interview with Greek Finance Minister Yanis Varoufakis. The issue was released on Wednesday, February 25, and, according to new editor Gerard Biard, pays tribute to extremism, in the shadow of the murderous...

The list of proposed reforms Greece sent to its international creditors bears many similarities to the requirements of the abandoned bailout program, the Memorandum. The terminology used is different though. European Commission sources, however, note that there should be further...

A "constructive" debate centered on the list of reforms the Greek government had earlier sent to the country's loan partners -who approved it- was conducted earlier by the Government Council, according to SYRIZA sources. During the discussion though, there were certain reservations...