Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Dublin: 20°C Friday 19 August 2022
Advertisement

Yanis Varoufakis calls Paschal Donohoe a 'chronic and pathetic finance minister'

Varoufakis served as the Greek Finance Minister from January to July 2015.

File image of Yanis Varoufakis in February of this year.
File image of Yanis Varoufakis in February of this year.
Image: Yui Mok

GREEK ECONOMIST YANIS Varoufakis has described Paschal Donohoe as a “chronic and pathetic finance minister”, adding that Donohoe “thinks the same” about him. 

Varoufakis served as the Greek Finance Minister from January to July 2015. He has written several books about the economy and capitalism including Talking to My Daughter About the Economy and The Global Minotaur. 

Speaking to Bobby Kerr on Newstalk, Varoufakis was critical of Donohoe’s role as Finance Minister. 

“I think he is a chronic and pathetic finance minister, but he thinks the same thing about me so… It’s good to have this kind of mutual negative assessment as finance ministers, but still be able to converse nicely about books and capitalism,” he said.

In 2017, Donohoe reviewed Varoufakis’ book Talking to My Daughter About the Economy in the Irish Times, saying he disagreed with it but would ultimately recommend it. 

Donohoe wrote in the newspaper: “Varoufakis may dazzle in the auditorium or in the many Irish festivals and debates in which he participates. However, he was hopelessly out of his depth as a finance minister.

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article.

Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

For the price of one cup of coffee each week you can make sure we can keep reliable, meaningful news open to everyone regardless of their ability to pay.

“When the going got tough, he fled for the Greek islands. Despite this, or maybe because of this, he has continued to prosper as a writer and critic. The same cannot be said of those he was elected to serve.”

After Donohoe was elected as the Eurogroup President in July, Varoufakis said on Twitter: “Death knell to any thoughts of corporate tax harmonisation in the Eurozone and the EU. In short, business as usual at a time we cannot afford business as usual.”

Read next:

COMMENTS (82)

This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
write a comment

    Leave a commentcancel