Varoufakis: I Will Not Be on the SYRIZA Ballot

varoufakisGreece’s former Finance Minister Yanis Varoufakis said he will not be on the SYRIZA ballot in the upcoming elections because “we betrayed the majority of the Greek people.”

Varoufakis gave an interview to French magazine Nouvel Observateur saying that “he will not be a candidate of a party that would aim to implement the July 13 decision, even if this party has wide acceptance among Greek people.”

The former Finance Minister said he opposed the decision Prime Minister Alexis Tsipras took to accept the proposals of Greece’s international creditors on July 13. According to Varoufakis, upon returning from the Euro Summit, Tsipras set a specific dilemma: Either we accept this agreement or the Wolfgang Schaeuble plan for the country’s exit from the euro is implemented.

“It is in this dilemma that my disagreement with Alexis Tsipras lies,” he said. “I personally believe that the acceptance of the third Memorandum is essentially the starting point for the country’s exit from the euro.”

Asked whether he will remain politically active, Varoufakis said that he will, whatever happens. He said that the questions of the Greek debt and austerity should be addressed on a European level. They should be addressed through the people and their representatives and not through the Eurogroup. He said there should be a European movement for more democracy in the Eurozone.


  1. It is impossible to change the ideology of capitalist IMF by any type of negotiations or discussions, for the simple reason that capitalism is totally incomparable with Democracy. The only way to mobilize change in Europe’s dictatorial system, is for Greece to Exit Euro and encourage all Southern countries to follow suit, so that the Northern stronghold, will be weakened.


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