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Yanis Varoufakis photo

Yanis Varoufakis

Yanis Varoufakis, a former finance minister of Greece, is leader of the MERA25 party and a professor of economics at the University of Athens.

Articles

German Bundeswehr troops stand during the Quadriga military exercises in Pabrade, Lithuania, on May 29, 2024.

The case against European rearmament

by Yanis Varoufakis
Inducting Ukraine into NATO after forcing Russia back behind its pre-2014 borders has been the only strategic aim EU leaders have allowed themselves to contemplate since Russia’s full-scale invasion three years ago. Alas, well before U.S. President Donald Trump’s re-election, this aim slipped into the realm of infeasibility. The writing had been on the wall for a while. First, Russian President Vladimir Putin’s war economy proved a godsend to his regime. Second, even Trump’s predecessor, Joe Bi