With his casual shirt and jeans, Yanis Varoufakis is throwing down the gauntlet to the established European banking orderA yawning gulf has opened in the world of financial diplomacy. It is not whether to bail out Greece yet again. It is how a Greek finance minister should dress when visiting a chancellor of the exchequer. Yanis Varoufakis arrived in Downing Street yesterday in black jeans, a mauve open-necked shirt that was not tucked in, and the sort of leather coat Putin might wear on a bear hunt. If George Osborne still didn’t get the point, he had a number-one haircut. What was going on? Related: Greece debt standoff: George Osborne urges Athens and Brussels to strike deal Continue reading...