Yanis Varoufakis

Alexis Tsipras started out like a rock star in the eyes of the European and American left. He was seen as being at the vanguard in the so-called battle against austerity.

Greece should have been allowed to go bankrupt and move on from the crisis, former finance minister Yanis Varoufakis has told a German tabloid.

Almost three years after the SYRIZA-ANEL coalition government signed the third bailout program and two days before Greece is set to complete it, former finance minister Yanis Varoufakis said his biggest mistake during his tumultuous tenure was "trusting Tsipras."

European Commissioner for Economic Affairs Pierre Moscovici is sticking to his positive take on the economic situation in Greece, claiming in an interview with Austrian magazine Profil that there is scope for more social justice in Greece.

Greece is on course to economic recovery after reaching the end of its third bailout in eight years next month, but SYRIZA's first term in power with then finance minister Yanis Varoufakis cost the country "billions," European Stability Mechanism (ESM) chief Klaus Regling said.

Yanis Varoufakis, Greece's former finance minister who transfixed Europe with his unconventional style at the climax of the debt crisis, launched a new party on Monday promising to free his country from debt bondage.

Former Greek finance minister Yanis Varoufakis has revealed the name of the political party he is forming in Greece.

He wrote on his personal website that the party will be called MeRA25 (an acronym for European Realist Disobedience Front), which will be an offshoot of the pan-European movement DiEM25, which he helped set up.

The first six months of the SYRIZA-Independent Greeks government in 2015 didn't just cost Greece 100 billion euros, but "probably twice as much," the former head of the Euro Working Group, Thomas Wieser, told Dutch newspaper De Volkskrant in an interview.

The Democracy in Europe Movement 2025 (DiEM25), founded by former Greek finance minister Yanis Varoufakis, has started a crowdfunding campaign ahead of launching a fully-fledged Greek political party on March 26.

Ex-finance minister Yanis Varoufakis has said he asked Alexis Tsipras whether he was "completely stupid" after the Greek prime minister agreed to a demand by international creditors in 2015 for large primary surpluses.