Yanis Varoufakis

Former Greek Finance Minister Yanis Varoufakis warns that the TikTok ban controversy in the United States exposes a deeper issue: the concentration of power among tech platform owners who function as “techno-feudal lords” over social media users. What Happened: “There is no...

Former Greek Finance Minister Yanis Varoufakis reportedly said the much touted strategy of tightening monetary noose around society's neck while lavishing bailouts on banking system is a surefire way to condemn most people to unnecessary suffering. What Happened: In an article published on Project...

Greek Finance Minister Yanis Varoufakis has been slammed in the media for months as debt negotiations between Athens and the EU drag on without a resolution in sight. After being accused of breaking his peers' trust by recording confidential meetings, Varoufakis spoke out on his personal blog. EU...

With many expecting Greece to run out of cash in a matter of weeks, the nation's finance minister Yanis Varoufakis commented that a deal to unlock some of the nation's bailout money was in the cards. On Monday, Varoufakis told Star TV that he expects to come to an agreement with his EU counterparts...

On Monday afternoon, eurozone finance ministers are set to convene in order to discuss the reform proposals submitted by Athens. The proposals cover options to receive another installment of bailout funding. The ongoing negotiations over Greece's financial state have dragged on for months and are...

Following another tough round of reform talks over the weekend, Greek Finance Minister Yanis Varoufakis tweeted a quote by Franklin Roosevelt which read "they are unanimous in their hate for me; and I welcome their hatred." The sentiment, he said, best describes how he has been...

For months, Greece and its creditors have been working to come to an agreement regarding financial reforms in order to unlock the next installment of bailout money and keep Athens afloat. However, comments this week from EU policymakers suggest that Greece is running out of time and its...

After much speculation that Greece was almost out of cash, the nation confirmed this week that it had enough money to make its debt payment to the International Monetary Fund on Thursday. Athens is due to pay €460 million to the IMF, but stalled negotiations with Greece's EU creditors had many...

Last week, the European Central Bank began its large-scale bond buying program in an effort to boost the eurozone economy and inject some cash into the region's faltering financial system. So far, the purchases have upped investment and taken some of the region's largest share markets...

Although Greece was able to secure its next round of bailout funding at the end of February, the dispute is likely to have a lasting effect throughout Europe, as the region's policymakers work to iron out the details of Greece's economic reforms. This month, EU officials and Greek...

The Bank of England is comparing digital currencies like bitcoin to the technological revolution that the internet provided decades ago, suggesting that bitcoin’s fall from grace could be temporary. In its One Bank Research Agenda, the Bank of England touted the benefits that digital...

On Thursday, Greek officials are planning to submit a new proposal requesting an extension to the nation’s “loan agreement” in a last ditch effort to secure much needed funding without agreeing to continue its bailout program. According to Greek Finance Minister Yanis...

Markets around the world were on edge Tuesday morning after Greece and the European Union were unable to come to an agreement at Monday’s meeting regarding the nation’s funding issues. The collapse of negotiations was troubling for investors who have been underestimating the...

On Wednesday, the European Central Bank sent shock waves through the markets when it announced that it wouldn’t be playing nice with Greek officials any longer. The region’s central bank said it wouldn’t accept Greek bonds in exchange for funding unless Greek officials are...