Yanis Varoufakis: 'The European project is already finished’

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Published 2024-06-18
“Is the European project… ultimately doomed do you think?”

“Absolutely. It’s already doomed, it’s already finished”.

Yanis Varoufakis, former Greek finance minister, says the “repeated failure of the European powers” to utilise opportunities to create common policies has resulted in a failed union which is “essentially reproducing misery”.

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All Comments (21)
  • @andyash5675
    "I don't harbour great expectations for the Starmer government." 🤣😭
  • He speaks a lot of sense, This guy. If he was not Greek he would be respected and listened to more.
  • Yanis U are wasting your valued breath. Those with eyes shall see and those with ears shall hear. People refuse to see danger even when U bring it to their door step
  • @ivyking4149
    Keep talking Yanis, you'll find it more difficult to change the world than it is to change Greece.
  • @coliniveson2122
    Read many of the comments and I am shocked. Hate to ruin your dreams of EU perfection but he is right about so much especially economic models of Germany and France.
  • Reminds me of what Marc Twain said. "THE RUMOURS OF MY DEMISE ARE EXAGERATED". Easy to say Europe is dead. My friends are always predicting the end of the financial world but even broken clocks tell the right time twice a day.
  • @tomtom2806
    Most Europeans don’t want to be governed by a superstate from Brussels. Common debts and taxation from Brussels would be horrible.
  • @mattgordon9179
    Victim hood. Love the Greece people but they never moved on from the post war period and were to relaxed about everything.......tax collection for one.
  • Europe is too diverse for a Federal European state. As we’ve seen when a few ideological elites try to force their idea of democracy and it has failed.
  • Greece came into the EU because France insisted. And in a certain way they were right. It's the cradle of our democracy. Nevertheless, through the ages there was less and less of this original Greece left. So since they joined the EU it has always been a bit difficult to keep up with the rest of the EU, mainly because they have the same problem as Ukraine and Russia, in a smaller amount, but the absence of a well organized tax collecting system and a institutionalized "friends" corruptive system and mayor orthodox influence is keeping it's economic development lagging. Hiding mayor financial debacles is damaging the trustworthiness of its government and institutions. Instead of fixing these problems, Yanis is opting for spreading Greece's problems over the EU as a whole. I don't think that's a good idea. Helping Greece by standing firm for good economic practice and helping them to improve these flaws are giving better results in my opinion. Although I do agree that we need EU synchronization in civil, penal and tax laws and a EU defense force, EU financial policy and foreign policy. And we need to help Greece financially when it's really necessary, after all we are a union.
  • @gw7624
    His idea of the EU was something akin to the Soviet Union.
  • @zk1919
    6:10 From introduction of euro only two countries profited namely Germany and Netherlands so it is ridiculous that the Greek guy is sorry that there was not enough further centralisation.
  • @RazorMouth
    I used to like him but hes just, a pay-for-waffle at this stage. Completely irrelevant.
  • @hydra7427
    He's saying what people don't want to hear. The EU as a "project" was always a half-assed United States of Europe, and unlike the United States which recognized its initial Articles of Confederation didn't work, the EU chugs on because any criticisms are LALALALALALA I CAN'T HEAR YOU. If you actually want a strong EU, you should take the criticism and maybe act on it.