It is now fashionable to disparage the former Greek finance minister. For some he showed too little politesse, but the essence of his agenda remains largely correctFrom blaming him for the renewed collapse of the Greek economy to accusing him of illegally plotting Greece’s exit from the eurozone, it has become fashionable to disparage Yanis Varoufakis, the country’s former finance minister. While I have never met or spoken to him, I believe that he is getting a bad rap (and increasingly so). In the process, attention is being diverted away from the issues that are central to Greece’s ability to recover and prosper – whether it stays in the eurozone or decides to leave.That is why it is important to take note of the ideas that Varoufakis continues to espouse. Greeks and others may fault him for pursuing his agenda with too little politesse while in office. But the essence of that agenda was – and remains – largely correct. Related: Greek debt crisis demonstrates perils of lending to your euro friends Related: Brussels rejects Yanis Varoufakis' claims that troika controlled Greek tax system Related: Yanis Varoufakis is being pilloried for doing what had to be done | Philippe Legrain Continue reading...
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