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Truthdigger of the Week: Yanis Varoufakis

    Greek Finance Minister Yanis Varoufakis (right) with Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem during a joint news conference held after they met at the Finance Ministry in Athens on Friday. AP/Lefteris Pitarakis

Barely a week after receiving a mandate from parliamentary electors to combat the Brussels-driven austerity that has wrecked Greece’s economy and afflicted its population for half a decade, Syriza Finance Minister Yanis Varoufakis confirmed his party’s intentions to fight EU oppression by saying he would not negotiate with representatives of Greece’s “hated troika of lenders.”

“We respect institutions but we don’t plan to cooperate with that committee,” Varoufakis said, referring to the auditors who review Greece’s accounting on behalf of the European Commission, the European Central Bank and the International Monetary Fund. “Our first action as a government will not be to reject the rationale of questioning this program through a request to extend it.”

Varoufakis, an academic with the University of Athens, had just emerged from a talk in Athens on Friday with Jeroen Dijsselbloem, head of the Eurogroup of EU finance ministers. In a visibly tense press conference alongside Dijsselbloem, Varoufakis added that Greece would not seek an extension to its $270 billion bailout.

“This platform enabled us to win the confidence of the Greek people,” he said.

As The Guardian noted in its report on the conference, Greece has lost more than a quarter of its GDP as a result of budget cuts and tax increases “enforced at the behest of creditors.”

Varoufakis and Greece’s new prime minister, Alexis Tsipras, said their government would deal only with individual institutions and ministers within the EU.

Varoufakis made headlines just before the election when he promised to “destroy the basis upon which they have built, for decade after decade, a system, a network that viciously sucks the energy and economic power from everybody else in society.” He made the statement in replying to a journalist who asked: “What will you do to [Greece’s] oligarchy, concretely?”

For standing his ground against intransigent EU officials indifferent to the suffering of their fellow Europeans, we honor Yanis Varoufakis as our Truthdigger of the Week.

Alexander Reed Kelly
Associate Editor
In December 2010, Alex was arrested for civil disobedience outside the White House alongside Truthdig columnist Chris Hedges, Pentagon whistle-blower Daniel Ellsberg, healthcare activist Margaret Flowers and…
Alexander Reed Kelly

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