Adults In The Room: My Battle With Europe's Deep Establishment

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This is the explosive, secret account from the world's most controversial economist of what happened when he took on Europe's entire economic establishment. When the Eurozone collapsed in 2010, Greece faced a 300 billion euro black hole- the largest debt in history. In response, the EU imposed yet more loans on Greece under conditions of crushing austerity, money that flowed straight back to commercial banks in Frankfurt whose greed had caused the crisis. In 2015, their country ravaged by the cuts, the Greek people elected a new government with a mandate to reject the so-called bail-out. The man charged with making their case in Europe was Yanis Varoufakis. What ensued was one of the most spectacular and controversial battles in financial history, ending ultimately in Varoufakis's resignation. But no one actually knows what went on during those negotiations because Eurogroup discussions are held in secret. In this explosive account, Varoufakis reveals all- an extraordinary tale of brinkmanship and backstabbing that exposes the shocking reality of how power is wielded behind the scenes at the EU. It is a document that will shake the economic establishment to its foundations.This is the explosive, secret account from the world's most controversial economist of what happened when he took on Europe's entire economic establishment. When the Eurozone collapsed in 2010, Greece faced a 300 billion euro black hole- the largest debt in history. In response, the EU imposed yet more loans on Greece under conditions of crushing austerity, money that flowed straight back to commercial banks in Frankfurt whose greed had caused the crisis. In 2015, their country ravaged by the cuts, the Greek people elected a new government with a mandate to reject the so-called bail-out. The man charged with making their case in Europe was Yanis Varoufakis. What ensued was one of the most spectacular and controversial battles in financial history, ending ultimately in Varoufakis's resignation. But no one actually knows what went on during those negotiations because Eurogroup discussions are held in secret. In this explosive account, Varoufakis reveals all- an extraordinary tale of brinkmanship and backstabbing that exposes the shocking reality of how power is wielded behind the scenes at the EU. It is a document that will shake the economic establishment to its foundations.
In 2015, Yanis Varoufakis became the world's most prominent opponent of austerity when, as finance minister of Greece, he refused to accept the terms of the loan agreement dictated to his bankrupt country by the eurozone's leaders. Since resigning his post he has become the figurehead of an international grassroots movement, speaking to audiences of thousands in cities across Britain, France, Germany, Portugal, Spain, Ireland, Italy, Singapore and Russia. Born in Athens in 1961, he was for many years a professor of economics in Britain, Australia and the USA before he entered government. He is currently Professor of Economics at the University of Athens. yanisvaroufakis.eu / @yanisvaroufakis