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Wednesday, 25 February 2015

Yiannis Varoufakis the rebel economist?

Essex University graduate and now Finance Minister of Greece Yiannis Varoufakis has a certain charm about him. He certainly dresses and looks better than Anne Widicombe or the gorgeous fashion guru Malcolm Rithkin and isn't worried about the sausage eating Euro group brigade of pen pushers.

The recent events involving the so called confrontation between the Euro group Finance Ministers and Greece was nothing other than a predictable stage managed show. Every one knew that Greece would get the 4 month extension and that Tsipras Peron would do a 300 degree u turn and give in to some form of austerity. Both sides claim victory. The only winner here ( if I can use that term) is Yiannis Varoufakis who has increased his popularity and appeal to the youth of Greece and many in the rest of Southern Europe. Now whether what's happening in Greece right now can be seen as a rebelion or not remains to be seen. Varoufakis has certainly been able to stop reducing pensions and will be able to buy more time and stop further redundancies in the public sector...

nick venedi

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