The first capitulation of Tsipras and Varoufakis (Part 8)
by Eric Toussaint
At the end of January 2025, the main leader of Syriza, Alexis Tsipras, became Prime Minister and appointed Yanis Varoufakis, a left-wing economist close to his party, as Finance Minister. It is very important to take the time to analyse the policies put in place by Yanis Varoufakis and the Syriza government because, for the first time in the 21st century, a radical left-wing party was elected in Europe to form a government. Less than six months later, the government finally gave in to the demands of the creditors against the wishes of the Greek people as expressed in the referendum of 5 July 2015. Understanding the failures and drawing lessons from the Syriza government’s handling of the problems are two essential questions. Éric Toussaint shows that it was possible to implement a different policy in line with Syriza’s commitments to the Greek people.
- Greece 2015 | From hope to capitulation | Lessons for the future [Part 1]
- Greece 2015: Varoufakis’ proposals were doomed to fail [Part 2]
- A questionable account by Varoufakis of the origins of the Greek crisis [Part 3]
- How Tsipras and Varoufakis’s turned their backs on Syriza’s platform [Part 4]
- Greece 2015: Varoufakis’s Advisers [Part 5]
- A Negotiation Strategy Doomed to Fail [Part 6]
- Towards the first capitulation and the disastrous 20 February 2015 agreement with the Eurogroup [Part 7]
- The first capitulation of Tsipras and Varoufakis (Part 8)