Austerity policies will lead to the eurozone's collapse if governments persist in following them. Should Ireland wait until the bitter end or start preparing to get out now? By Yanis Varoufakis.

There is a nasty underbelly to Greece's new 'national unity' government in the form of the three junior ministers and one minister from the ultra-right-wing LAOS party. By Yanis Varoufakis.

With the announcement in the last hour that Greek prime minister George Papandreou is to stand down to make way for a coalition government in Greece, it appears that his referendum gambit has not paid off. Below, Yanis Varoufakis on why the plan was never about democracy, but simply a ploy to extract a vote of confidence from his party’s battered MPs.