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Varoufakis pledges to fight against capitalist excess

The former minister of Greece has charged his new campaign group to 'shake Europe' with measures to make the EU more accountable

Varoufakis: Skewed QE is the source of 'terrible turbulence'
Varoufakis: Skewed QE is the source of 'terrible turbulence' Photo: Getty Images

He was Greece’s finance minister for eight months in 2015, between January and August – a turbulent period that saw the radical programme of the left-wing Syriza government collide with the agenda of the European Union’s leaders.

After leaving government and resigning his parliamentary seat in August 2015, in protest at Syriza's acceptance of the latest EU-stipulated bailout programme for his country, Varoufakis has become a roving critic of what he perceives as capitalism's flaws and excesses, and the abrogation of democracy by elites.

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