Varoufakis advises Bulgaria: Do not enter the eurozone

Yannis Varoufakis
Janis Varoufakis / Photo: EPA-EFE / Fernando Alvarado

In an interview with Bulgaria's Capital, Yannis Varoufakis, an economist, writer and former Greek finance minister, spoke openly about the eurozone, total debt, the left and the right. He is in Sofia for the first time.

"I came at the age of 60, but it is never too late," said the Greek economist, who at the time had rock star-like status after ascending the world stage as finance minister of the bankrupt Greek state in Syriza's left-wing government.

After a short and tumultuous term as a minister, in which directly clashed with Angela Merkel's German government, Varoufakis became popular with his books and articles in which he strongly criticized the way the eurozone and the EU work. He was in Bulgaria at a banking conference organized by Capital.

The first advice Varoufakis gave to Bulgaria was not to join the eurozone.

- That would be a mistake. Do not do that, he said in the interview with the editor of "Capital", Ognjan Georgiev.

His arguments are both contradictory and intriguing - Varoufakis still speaks as a politician, carrying on his back the entire unenviable experience of Greece, but also as a left-wing thinker who knows how to send messages.

Dear reader,

Our access to web content is free, because we believe in equality in information, regardless of whether someone can pay or not. Therefore, in order to continue our work, we ask for the support of our community of readers by financially supporting the Free Press. Become a member of Sloboden Pechat to help the facilities that will enable us to deliver long-term and quality information and TOGETHER let's ensure a free and independent voice that will ALWAYS BE ON THE PEOPLE'S SIDE.

SUPPORT A FREE PRESS.
WITH AN INITIAL AMOUNT OF 60 DENARS

Video of the day