By Yanis Varoufakis (*) - Insurgencies often end up betraying the ideals that motivated them. Brexit seems no different. In no time, it has shed its intellectually most powerful motive: the full restoration of sovereignty to the House of Commons.
Yanis Varoufakis, the self-described “erratic Marxist” who took Greece to the brink of a Euro zone exit by battling creditors over the conditions for a bailout, has got a new role: advising Britain’s opposition Labour Party.
New Greek Finance Minister Euclid Tsakalotos may be less flamboyant than his predecessor Yanis Varoufakis, but his views on his country's debt crisis are no less stridently held. While most commentators appear to agree that Mr Tsakalotos, 55, will be less bombastic than Mr Varoufakis in his dealings with international creditors, some argue that his negotiating stance could even be more hard line.
Yanis Varoufakis, who was Greece's finance minister until Monday morning, was reportedly pushed from his job after he told a journalist that Greece could introduce a parallel currency in the weeks ahead. Cash is flooding out of Greek banks at the moment, and the government desperately needs money to make payments due later this month.