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Europe and the spectre of democracy: Michel Feher interviews Yanis Varoufakis

"Our transnational movement to bring together Europeans has to be energized from the cities to adopt the methods, the narrative, the esprit and the élan of these movements in order to create a potential for reconstituting the dynamics of European progressive politics."

By Yanis Varoufakis and Michel Feher
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Michel Feher speaks to Yanis Varoufakis. Interview here: https://www.youtube.com/watch?v=zyiiJkBfnFc

Michael Feher: I’d like to start with a couple of questions about Greece and the relationship between Greece and its creditors under Syriza II – Alexis Tsipras’ second government.

The first question regards the relation between Syriza II and the IMF. In the wake of what could be called the surrender of the Greek government, and in spite of the July 5th referendum, the IMF seemed to soften its position in certain respects. Now that Greece had surrendered to the terms of the “Memorandum,” the representatives of the Washington-based institution conceded, “we have to admit that the Greek debt is in fact unsustainable,” which implies that some measure of relief is necessary.

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