“In reality, states never repay their debt. They roll it over, meaning they defer repayment endlessly, paying only the interest on the loans. As long as they can keep doing this, they remain solvent. It helps to think of public… — Yanis Varoufakis Copy Share Image
“Forcing new loans upon the bankrupt on condition that they shrink their income is nothing short of cruel and unusual punishment. Greece was never… — Yanis Varoufakis Copy Share Image
“Larry Summers is one such rare insider. His question to me was in fact an invocation to reject the lure of the outside. Underpinning… — Yanis Varoufakis Copy Share Image
The many refugees are not a Greek or German problem. They are a European problem. We should therefore develop a common strategy. That's why… — Yanis Varoufakis Copy Share Image
“If you cannot imagine walking out of a negotiation, you should never enter it. If you cannot fathom the idea of an impasse you… — Yanis Varoufakis Copy Share Image
Had history been democratic in its ways, there would have been no farming and no indsturial revolution. Both leaps into the future were occasioned… — Yanis Varoufakis Copy Share Image
We will compromise and compromise and compromise but we will never be compromised. — Yanis Varoufakis Copy Share Image
“Beneath the specific events that I experienced, I recognised a universal story – the story of what happens when human beings find themselves at… — Yanis Varoufakis Copy Share Image
Germany is Europe's heart. But bitterness is widespread. Currently the Germans hate the Greeks and the Greeks hate the Germans. The demonization of the… — Yanis Varoufakis Copy Share Image
I don't believe a Brexit will hurt the City of London as one of the largest financial centers in the world. — Yanis Varoufakis Copy Share Image
“Whenever a politician in the know gives a journalist an exclusive in exchange for a particular spin that is in the politician’s interest, the… — Yanis Varoufakis Copy Share Image
European Union partners never said European Union partners're going to renege on any promises, European Union partners said that European Union partners promises concern… — Yanis Varoufakis Copy Share Image
“When inordinate weight is loaded onto a flimsily constructed bridge, the weakest beam will break first.” — Yanis Varoufakis Copy Share Image
“Most Europeans like to think that American bankruptocracy is worse than its European cousin, thanks to the power of Wall Street and the infamous… — Yanis Varoufakis Copy Share Image
“Austerity is a morality play pressed into the service of legitimizing cynical wealth transfers from the have-nots to the haves during times of crisis,… — Yanis Varoufakis Copy Share Image
