Yanis Varoufakis

The left-wing Syriza party says Yanis Varoufakis and others who voted against Greece’s latest bailout package will not be allowed to run for parliament under the Syriza banner in the upcoming snap election. For his part, Varoufakis said he would stand

Greece’s former Finance Minister Yanis Varoufakis, has opened up another front on which to fight the bureaucrats of the European Union. He has revealed himself to be one of those helping WikiLeaks crowd-source €100,000 for the release of the secretive Trans-Atlantic Trade and Investment

Between 2010 and 2015 Germany profited from the ongoing Greek debt crisis to the sum of €100 billion, according to a new study. The billions consists of money saved by lower interest payments on funds the German government borrowed amid investor “flights

The criminal investigation into former Greek Finance Minister Yanis Varoufakis will involve a cyber-crime law enforcement unit, as Greek officials seek to uncover whether Varoufakis’ “Plan B,” an emergency plan that would have required the government to hack into private taxpayer accounts and switch from the euro to the drachma currency.

I have been familiar with the ways of the European Union for many years, and I thought myself impervious to surprise at the extraordinary way in which Brussels imposes its will, with plain defiance of democracy and utter contempt for

No scene of political turmoil is complete until somebody gets investigated by prosecutors. Such is the fate of former Greek finance minister Yanis Varoufakis, who has become a darling of the anti-austerity, hardcore left ever since he departed his office on the eve of the 11th-hour bailout deal.

On Wednesday, Greek Prime Minister Alexis Tsipras floated the idea of calling for early elections in Greece to “bolster a parliamentary majority that has been strained by bailout reforms demanded by creditors,” as Reuters put it. Such is the chaos of end-state socialism in Greece that Tsipras really needs his own party to lose in those early elections. The Syriza party is coming unglued over the austerity components of Greece’s latest bailout package.

There was speculation Wednesday that the International Monetary Fund’s disapproval of the European Union bailout package for Greece would stiffen resistance in the Greek Parliament against it, but in the end, they voted in agreement with what Reuters describes as “sweeping austerity measures demanded by lenders to open talks on a new multibillion-euro bailout package to keep Greece in the euro.”

As Greece breaks apart on the rocky shores of the European Union, the man who did so much to run his nation’s finances aground has decided to call it quits. The New York Times sees the sudden resignation of “combative” Finance Minister Yanis Varoufakis as a gesture of “conciliation” between the socialist Syriza government and a thoroughly fed-up European Union, but it might be premature to talk about Greece making peace with its creditors.

Antonis Samaras, the head of Greece’s conservative New Democracy party, has resigned from leadership following the nation’s resounding rejection of Eurozone debt repayment terms in a referendum on Sunday. Samaras will be remembered most for being the only prime minister in the last decade to accept austerity measures and attempt to curb Greece’s spending during the current crisis.

As the ruling Coalition of the Radical Left (Syriza) vocally demands the Greek people vote “no” on a referendum regarding European Union debt repayment terms on Sunday, an unlikely voice has emerged representing the opposition “yes” vote, interpreted as a vote in favor of keeping the Euro as currency and remaining in the Euro: electro-pop megastar Sakis Rouvas.

Greek banks have been shut since Monday, and the system faces collapse if the European Central Bank (ECB) declares them insolvent should Greece refuse to pay back its debts.

Athens (AFP) – Greece’s radical left government said Thursday it may resign if it fails to win a referendum that could decide the country’s financial future.

Contents: Report: Greece’s debt crisis being kicked down the road; Afghan Taliban strikes Afghan parliament in Kabul; Afghan Taliban close to seizing the city of Kunduz

Contents: Greece’s game of Chicken no closer to resolution; Greece’s Alexis Tsipras faces a government mutiny from the far left

Days after being pulled back from leading the Greek diplomatic team in talks with the European Union regarding the nation’s astronomical debt, Greek Finance Minister Yanis Varoufakis and his wife, Danae Stratou, were the victims of an anarchist mob attack while dining out.

Iran seizes cargo vessel in the Strait of Hormuz; Greece’s PM Tsipras desperately seeks financial crisis solution

Bloomberg Business understandably sees all sorts of signals in Greece’s decision to pull Finance Minister Yanis Varoufakis back from bailout negotiations, a move it describes as “clipping Varoufakis’ wings” and “reining him in” after three months of debt talks failed to produce an agreement.

Greece’s government will confiscate cash reserves from all public institutions; Greece’s people face the future with anxiety and dread; China speeds up its military takeover of the South China Sea; Vietnam and the Philippines establish a strategic military partnership to counter China

ISIS claims responsibility of major terrorist attack in east Afghanistan; Afghanistan becomes more ungovernable as US-led coalition withdraws; Greece scrapes the bottom of the barrel as bankruptcy talk increases

The government of Greece’s Radical Left Prime Minister Alexis Tsipras has been demanding Germany pay reparations to the nation for damage committed by the Nazis during World War II for months, but now they have officially calculated a fixed amount they would like back: 279 billion euros.

Pakistan parliament debates sending troops to Yemen to support Saudi Arabia; Greece confirms that it will pay the IMF on Thursday and avoid bankruptcy

As if tensions between Greece and its creditors in Germany weren’t high enough already, a German TV host decided to create a convincing fake video of Greek Finance Minister Yanis Varoufakis flipping Germany the bird.

Greece threatens to confiscate German property as war reparations; South Ossetia discourages trips to Georgia for medical care; Karachi Pakistan fears ‘nuclear nightmare’ over planned nuclear reactors

The eleventh-hour decision to extend Greece’s bailout a few weeks ago turns out to have been an even closer shave than it seemed at the time, with Reuters reporting that a massive revolt among German conservatives left the vote “hanging by a thread,” as one German legislator put it. Escalating tensions between sullen Greece and fed-up Germany could make the votes on further bailout extensions or new financing deals even tighter.

Vladimir Putin brags about how he lied about Russia’s invasion of Crimea; Europe to Greece: Stop wasting time and get serious about reforms

A group of 50 anarchist political activists took over the official headquarters of ruling Greek party Syriza in Athens on Sunday, demanding the leftist group enact prison reform and free a terrorist caught after injuring himself with his own bomb.

Greece and Germany are eyeball to eyeball on bailout crisis; Libya chaos threatens to reopen bitter rift between Qatar and Egypt; Ethnic Chinese Kokang burst into violence in northern Burma (Myanmar)

Greece bailout talks collapse in acrimony; Egypt faces two-front war with airstrikes in Libya; Muslim versus Muslim wars in the Mideast continue to grow; Iraq army preparing to recapture Mosul from ISIS

Terrorists attack school, part of growing violence in Karachi Pakistan; Jordan’s King vows ‘relentless’ war on ISIS ‘on their own ground’; The European Central Bank turns the screws on Greece’s banks

Hezbollah backs down from war with Israel; Clashes between Nusra front and Free Syrian Army spreading in Syria; Jundallah takes credit for massive mosque attack in Pakistan; Egypt’s military begins ‘wide military offensives’ in North Sinai; Greece clashes with eurogroup ‘No more bailout, no more troika!’; In Denmark you are now paid to take out a mortgage