Yanis Varoufakis

speaker
1,142 appearances 3 recordings 2 series first heard Jan 2026 last heard 3 May

Yanis Varoufakis’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · May OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in May 2026 with 1.

Appearances

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And Merkel, Chancellor Merkel, in April of 2009...
was effectively told that within 24 hours, she would have to give them 600 billion euros.
She was the Iron Chancellor who was not giving a million to her health service because she was trying to keep her budget in the black.
And suddenly she was told, she didn't understand why,
500, 600 billion had to be given overnight to the bankers.
And she did that.
And she thought that she had drank the corneum.
And then she could move on.
And a few months later, she was told she needs another 500 billion for the same bankers because Greece is going under, the Greek state.
And if the Greek state had gone under, then the Irish state would have gone under, the Portuguese state, and then they would need $2 trillion for their bankers.
So they had to bail out the Greek state with the largest loan in the history of the world in absolute terms, not relative terms.
And out of that huge loan of $120 billion, 91% went through the Greek treasury straight back to the German and the French banks.
So it was for the bank.
It was 91%.
I can give you, you know, the numbers.
Rory, you've got to remember that Greece went under in May of 2010.
We took this huge loan that went to the French and German banks.
It's like, you know, getting a credit card from which to draw money to repay a mortgage that you can't repay.
That's complete madness, right?
The banks were made whole by this first bailout.
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