The former Minister of Finances Yanis Varoufakis ruled out taking place in the upcoming election campaign in Greece, which he estimated is going to be “sad and fruitless” in an interview for Australian broadcaster ABC. Mr. Varoufakis explained that he will remain politically active, perhaps more active than previously, while revealing that his goal is to set up a pan-European network to fight austerity, which may evolve into a pan-European party.
During the interview Mr. Varoufakis clarified that he opposes SYRIZA’s political line, noting that “the party that I served and the leader that I served has decided to change course completely and to espouse an economic policy that makes absolutely no sense, which was imposed upon us”.
While he expressed his sympathy towards the newly-formed Popular Union party, he objected to the “isolationist stance” of desiring a return to the drachma, instead focusing on politics at a European level. “National parties forming flimsy alliances within a Europe that operates like a bloc, like a macroeconomy, in its own interests—that model doesn’t work anymore. I think we should try to aim for a European network that at some point evolves into a pan-European party” he explained.
