Varoufakis’ Korean Adviser Kim was Also Adviser to Greek PM Tsipras

F3-kim-glennGlenn Kim, the Korean financial adviser to Greece’s former finance minister Yanis Varoufakis, was also adviser to Prime Minister Alexis Tsipras, according to German newspaper Die Welt.

Kim was also present on Tsipras’ side the night of July 12 in Brussels, when the Greek prime minister signed the bailout draft deal.

The report says that the Korean adviser has worked for Lehman Brothers and has been involved in the plan of removing capital controls in Iceland. The adviser is receiving 125,000 euros per month from the Greek government for his services.

Die Welt says that Kim was called by Tsipras to sit down at the negotiating table with German Chancellor Angela Merkel and European Council President Donald Tusk when the two sides discussed the new privatization fund and the 50 billion euros that have to be collected.

The report concludes that Kim is currently aiding Finance Minister Euclid Tsakalotos, but the finance ministry refuses to comment on the highly-paid adviser issue.



  1. How on Earth can Mr. Tsipras get a Korean advisor involved with sensitive European financial matters and let him negotiate with other European governments? How could he dare to get a person involved who is not a Greek or European citizen? Kim, even worse is a bankrupter of Lehmann Brothers, he was in charge. I would expect a bankrupter to take the necessary measures as Capt Hans Langsdorff did, not to advise a near-bankrupt government and spy on European financial affairs.

  2. So now we have Korean bankers advising socialists Prime Ministers. I am a bit overwhelmed by the lack of transparency. But I guess its OK…. after all he has sucked on the Lehman Brothers teet !

  3. The question should be is he competent ….not that he is Korean or that he worked with Lehmann

  4. I’m curious. Are you a bandwagon jumper or do you follow your principles? Do you continue to support the Tsipiras now that he completely flip flopped and now supports the austerity you previously condemned?

  5. I am curious. Seeing as you are pro austerity and reform and seeing as Tsipras has signed on to a bailout that is in line with your views are you 100% behind Tsipras for the next Greek elections?

  6. What is so sensitive that cannot be discussed, when ones country teeters on bankruptcy. To actually discuss such matters with a Korean adviser denotes a lack of trust with his European partners. Rightfully so I might add.