Greek Left Review

originally posted at http://yanisvaroufakis.eu/ 29 April 2012

On Friday 27th April, Christian Amanpour interviewed me on CNN Int on the theme of Europe’s slow suicide by inane austerity. CLICK HERE FOR THE VIDEO. The transcript of Yanis Varoufakis conversation follows:

CHRISTIANE AMANPOUR, CNN HOST:  Good evening, everybody.  I’m Christiane Amanpour, and welcome to the program.

Just when it looked like Europe might have weathered the worst of the economic storm, some very distressing news this week.  After a brief
period of progress, Britain has gone back into a recession now.  And of course much of Europe never left the recession.  It’s a long and grim list: Greece, Spain, Italy, Belgium, the Netherlands, the Czech Republic,Ireland, Portugal, Denmark – and it goes on.

Many of these countries have adopted austerity programs to try and lighten their staggering debt loads.  So in my brief tonight, is that
medicine killing the patient?  In other words, is all that austerity too much too soon?

Look at this graph that we’re putting now in our…

View original post 1,346 more words

~ by Anastasia on April 30, 2012.

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