On Tuesday, June 10 2025, I addressed a meeting at the European Parliament, an event organised by The Left and M5S Europa, on the theme of “The Economic Conditions for Peace”, alongside Jeffrey Sachs and Giuseppe Conte. My talk can be watched and read here. [INTRODUCTION] A year ago, I would have started this speech with a lament […]
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Donald Trump has made it impossible for any sensible person to persevere in the delusion that global business can continue as usual. We should all welcome this, even if we are livid with Trump’s shocking behaviour, decisions and narratives. The global economy will either be rebalanced or it will crash in ways that may make […]
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Failure, corruption and warmongering: Ursula von der Leyen is awarded the International Charlemagne Prize of Aachen for her contribution to the EU – because in Europe utter failure is not only tolerated, but celebrated! It is one of life’s guilty pleasures when one’s cynical prejudices are confirmed. One such moment, when I allowed myself a […]
The post In the EU nothing succeeds like gross failure: The astonishing case of Ursula von der Leyen – Der Freitag 29 MAY 2025 appeared first on Yanis Varoufakis.
Just days into his premiership, Keir Starmer announced the commissioning of a “root and branch” Strategic Defence Review (SDR), writes Kate Hudson. Under the leadership of Lord Robertson, former defence secretary and NATO secretary general, the review panel claims to have broken with tradition, by including a much wider range of participants than usual – […]
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The IMF-World Bank Spring meetings are usually placid affairs that participating central bankers wish to forget soon after they are over. Not this Spring. This April the feeling several central bankers brought back home with them was not the usual relief but something far more visceral: dread, terror even. The reason? The spectre of the […]
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“A mixture of stupidity and nastiness… The liberal establishment is primarily responsible for the genocide of the Palestinians.” In this episode of UNAPOLOGETIC, Yanis Varoufakis unleashes a fierce critique of Western liberalism, and tells us why he feels that the global system is in crisis. This episode explores the facade of Western moral superiority, the […]
The post How Europe’s sheer stupidity combined with its ethical downfall to underwrite Israel’s genocide of Palestinians – Middle East Eye appeared first on Yanis Varoufakis.
The hitherto US-centric economic model has exhausted itself, and Trump’s government is pushing to restructure the international economic architecture to maintain US hegemony. China is the main rival in this new reality, while the Europeans are becoming an impoverished appendage to the US. The Europeans could chart a more favourable path forward, except that they […]
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