Yanis Varoufakis

The Greek ministry of finance is rushing to raise 6.95 billion euros in March in order to meet obligations regarding its international debt. The Treasury needs to find the appropriate funds for loan installments. Specifically, there is a 1.6-billion-euro tranche...

"Our commitment on the extension of the loan agreement, with the specific reforms program that we have agreed to removes even the last legal argument of the eurozone's institutions that demanded our subordination into a 'program' in order to...

Greece may have secured a four-month rescue program extension, however, the country’s chances of making it on its own without needing any help are increasingly lower, as pointed out by Reuters. According to the news agency, this will result in “raising...

“The Greek Finance Minister was either attempting a poker game bluff or he underestimated the severity of the Greek economic situation,” stated Eurogroup President Jeroen Dijsselbloem in an interview to Dutch television. Dijsselbloem stressed that the situation looked like two cars nearing a head-on...

In his interview to Greek TV SKAI on Saturday morning, Greek Finance Minister Yanis Varoufakis stressed that “in order to achieve balanced budgets in the Greek State, we will ask of the wealthy to pay an extraordinary tax, if necessary.” Varoufakis clarified...

The cabinet meeting chaired by Greek Prime Minister Alexis Tsipras convened earlier today, focusing on the preparation of the new government’s work as well as on the first bills to be submitted to the Greek Parliament by next week....

The availability of European Financial Stability Facility (EFSF) funds for Greece will be extended by four months, following a Friday decision by the facility's board of directors to amend the Master Financial Assistance Facility Agreement (MFFA) for the purpose. Instead...

Eurogroup finance ministers agreed to vague terminology in Greek bailout extension deal so that they can convince their respective parliaments to accept it, said Finance Minister Yanis Varoufakis on Greek television. Speaking in an ANT1 television interview, Varoufakis defended the...

As Greece was struggling to synthesize a whole new list of harsh reforms in an effort to ask its creditors for a bailout extension earlier this week, Arcade Fire's indie rock group member Will Butler composed his brand-new song named "Clean Monday,"...

The official statements after each occurrence of football violence remind one of Groundhog Day: The same condemnations of violence, the same vague threats against vague recipients, the same proclaimed good intentions, the same pledges to stop violence here and...