Skip to main content

Varoufakis: What lurks behind the bizarre allegations

The bizarre attempt to have me indicted me on… treason charges, allegedly for conspiring to push Greece out of the Eurozone, reflects something much broader

It reflects a determined effort to de-legitimise our five-month long (25th January to 5th July 2015) negotiation with a troika incensed that we had the audacity to dispute the wisdom and efficacy of its failed program for Greece.

The aim of my self-styled persecutors is to characterise our defiant negotiating stance as an aberration, an error or, even better from the perspective of Greece’s troika-friendly oligarchic establishment, as a ‘crime’ against Greece’s national interest.

My dastardly ‘crime’ was that, expressing the collective will of our government, I personified the sins of:

  • Facing down the Eurogroup’s leaders as an equal that has the right to say ‘NO’ and to present powerful analytical reasons for rebuffing the catastrophic illogicality of huge loans to an insolvent state in condirion of self-defeating austerity
  • Demonstrating that one can be a committed Europeanist, strive to keep one’s nation in the Eurozone, and, at the very same time, reject Eurogroup policies which damage Europe, deconstruct the euro and, crucially, trap one’s country in austerity-driven debt-bondage
  • Planning for contingencies that leading Eurogroup colleagues, and high ranking troika officials, were threatening me with in face-to-face discussions
  • Unveiling how previous Greek governments turned crucial government departments, such as the General Secretariat of Public Revenues and the Hellenic Statistical Office, into departments effectively controlled by the troika and reliably pressed into the service of undermining the elected government.

It is amply clear that the Greek government has a duty to recover national and democratic sovereignty over all departments of state, and in particular those of the Finance Ministry. If it does not, it will continue to forfeit the instruments of policy making that voters expect it to utilise in pursuit of the mandate they bestowed upon it.

In my ministerial endeavours, my team and I devised innovative methods for developing the Finance Ministry’s tools to deal efficiently with the troika-induced liquidity crunch while recouping executive powers previously usurped by the troika with the consent of previous governments.

Instead of indicting, and persecuting, those who, to this day, function within the public sector as the troika’s minions and lieutenants (while receiving their substantial salaries from the long-suffering Greek taxpayers), politicians and parties whom the electorate condemned for their efforts to turn Greece into a protectorate are now persecuting me, aided and abetted by the oligarchs’ media. I wear their accusations as badges of honour.

The proud and honest negotiation that the SYRIZA government conducted from the first day we were elected has already changed Europe’s public debates for the better. The debate about the democratic deficit afflicting the Eurozone is now unstoppable. Alas, the troika’s domestic cheerleaders do not seem able to bear this historic success. Their efforts to criminalise it will crash of the same shoals that wrecked their blatant propaganda campaign against the ‘No’ vote in the 5th July referendum: the great majority of the fearless Greek people.

Comments

Popular posts from this blog

F-35s & AI Chips: How MBS Outplayed Washington & Beijing

GVS Deep Dive  Saudi Arabia just secured two of the most powerful assets in modern geopolitics: the U.S. F-35 stealth fighter and tens of thousands of Nvidia’s most advanced AI chips. Washington hoped this would pull Riyadh firmly back into the American orbit. But the outcome is something neither side fully expected: Mohammad bin Salman outplayed both Washington and Beijing — and used the great-power rivalry to his advantage.

Greece, Palestine & Zionism: FPTV Reports from Athens

Free Palestine TV   Laith Marouf & Rabih Ghannam travel to Athens, Greece, and take a walking tour with local activists Evan Katsounis and Maria Kosmidi, to discover the rich history of anti-Zionist and anti-Fascist actions in the city, as well as the current Zionist incursion into the property sector and the counter actions directed at the presence of these War Criminals on the streets of the city. 

Trump RUINED: Israel First Lies & Economic Freefall Just ENDED MAGA

Danny Haiphong   Tucker Carlson isn't the only journalist breaking with Trump. In this video, Patrick Henningsen goes scorched earth on Trump's massive betrayal of what he promised his "MAGA" base and blows the lid off how his massive lies serve as a cover up for a much bigger structural problem in America's 'Israel First' political system, what Tucker and major voices in elite MAGA won't tell you.  

Trump BLEW IT: Israel, Candace Owens & Epstein BURY MAGA (But Not How You Think)

Danny Haiphong   Trump has bent the knee to Israel for the last time. Patrick Henningsen exposes his horrid record and all the elements that has led to his rapidly coming collapse. 

Capitalism & Genocide - Yanis Varoufakis Speech at the Gaza Tribunal, 23rd October 2025, Istanbul

Yanis Varoufakis   On 23rd October, Yanis Varoufakis testified in front of the Jury of Conscience in the context of the Gaza Tribunal. His speech focused on the economic forces underpinning the genocide of the Palestinian people. In particular, he spoke on the manner in which capitalist dynamics have historically fuelled the white settler colonial project and, more recently, how the accumulation of a new form of capital - which he calls cloud capital - has accelerated, deepened and amplified the economic forces powering and propelling the machinery of genocide. 

Varoufakis: IT technologies will overthrow Capitalism

globinfo freexchange The former Greek Minister of Finance, Yanis Varoufakis, ended his recent speech on the Future of Capitalism, at the New School, New York, with some interesting remarks. As he said: The world we live in, is increasingly rudderless, in a constant slow burning recession, while at the very same time, the increasing concentration in the IT sector is creating the new technologies that will do that which the Left has failed to do: overthrow Capitalism. It is really very simple. The moment machines pass the Turing test properly, and you pick up the phone and you do not know whether the person you are talking to is a human being or a machine ˙ the moment we are going to have 3D printers operating as public utilities - you can send any blueprint to it and it can print from one pin to a motorcycle, or to a car - the moment that this happens, we have not just a process of Schumpeterian creative destruction, but we have a process where economies of sc...

Racing Extinction

suggested by failedevolution.blogspot 18th Thessaloniki Documentary Festival Scientists predict that humanity’s footprint on the planet may cause the loss of 50% of all species by the end of the century. They believe we have entered the sixth major extinction in Earth’s history, following the fifth great extinction which took out the dinosaurs. Our era is called the Anthropocene, or “Age of Man,” because evidence shows that humanity has sparked a cataclysmic change of the world’s natural environment and animal life. Yet, we are the only ones who can stop the change we have created. The Oceanic Preservation Society (OPS), the group behind the Academy Award-winning film The Cove, is back with a new groundbreaking documentary. Joined by new innovators, this highly charged, impassioned collective of activists brings a voice to the thousands of species teetering on the very edge of life. The director has crafted an ambitious mission to clearly and artfu...

Trump Welcomes Syrian Leader & “REFORMED” TERRORIST To White House!

The Jimmy Dore Show   President Donald Trump is planning a White House welcome for Syria’s new president, former al-Qaeda in Iraq leader Ahmed al-Sharaa, who was installed after the overthrow of Bashar al-Assad. Jimmy Dore argues that the U.S. and its allies, including Israel, have long funded extremist groups such as ISIS and al-Qaeda to serve foreign policy interests in the Middle East, so the embrace of al-Sharaa makes sense, even if it might confuse anyone who thought we took seriously the so-called “War on Terror.” He and Americans’ Comedian Kurt Metzger contrast Trump’s willingness to meet with alleged terrorists to his refusal to engage in dialogue with leaders like Venezuela’s Nicolás Maduro, accusing U.S. policy of hypocrisy and imperialism.  

How The CIA & Mossad Set Up Sudan for Genocide since the 1990s

MintPress News   Sudan is being systematically destroyed - not by accident, but by design. This investigation reveals how US imperialism, through Israeli and UAE proxies, has engineered Sudan's collapse since the 1990s to crush the axis of resistance, block China's Belt and Road, and loot Africa's resources families are killed, children starve, and the west profits. 

Maduro's opening to China

“ Chinese President Xi Jinping on Wednesday said he hopes Venezuela will use bilateral financing mechanisms and channel more funds to the areas of energy, mining, agriculture and industry while meeting with Venezuelan President Nicolas Maduro.” “ Financing mechanisms between the two countries total more than 50 billion U.S. dollars, according to Venezuelan experts. Financing mechanisms, including the China-Venezuela Fund, have provided financial support for some 256 projects. China and Venezuela upgraded their relationship to a comprehensive strategic partnership during Xi's visit to Venezuela in 2014, opening a new chapter in bilateral ties.” “ During their meeting, Xi called on the two sides to push bilateral ties to a higher-level. China supports Venezuela's efforts in restructuring its economy and establishing a manufacturing economic model, he said. Xi suggested the two countries push forward cooperation in the fields of oil exploration, infrastru...