Cyprus-Forum.com

[kurupetos]

The former Greek finance minister Yanis Varoufakis is giving advice to the Labour party, Jeremy Corbyn has revealed.

In an interview with his local newspaper, the Islington Tribune, the Labour leader disclosed that Varoufakis was helping “in some capacity”.

“Varoufakis is interesting, because he has obviously been through all the negotiations [with the ECB, European commission and IMF],” he said. “I think the way Greece has been treated is terrible and we should reach out to them.

“I realise we’re not in the eurozone but it’s a question of understanding how we challenge the notion that you can cut your way to prosperity when in reality you have to grow your way to prosperity.”

Senior Labour sources said Varoufakis had no formal advisory role for the party and did not sit on its economics advisory board. But he will give one of the shadow chancellor’s New Economics lectures at the end of March, in which he will deliver advice about finance.

Varoufakis revealed last year that he was “in conversation with the Labour party – the Corbynistas”. He told the BBC’s Daily Politics at the time: “My advice is to shift away from the narrative of austerity – pro-austerity/anti-austerity. Austerity is not the issue.”

http://www.theguardian.com/politics/2016/feb/29/yanis-varoufakis-advising-labour-jeremy-corbyn-reveals

[DrCyprus]

Baroufakis is fun

[supporttheunderdog]

but growing your way to prosperity to is not achieved by an inflated government work force on inflated wages and with inflated social benefits such as overly generous pensions schemes, in a society where tax evasion is a serious issue.
The edifice in Greece was a house of cards built on quicksand - and labour has done the same in the UK in the past...

[Lordo]

it is not varufakis that brought greace to her knees it was the previous governments. advising labour is the best thing i have heard today. i have seen him talk on question time about economics and was hoping he would join the labour party never mind advise them.

[GreekIslandGirl]

Greece's loss is Britain's gain!

Well done Corbyn - for bringing some intelligence into British politics.

Varoufakis gained a number of new admirers for his incredible insight when he appeared on Question Time a little while back. The BBC will never invite him back again - too much IQ for the license payer.

But, I'd love to see a debate panel that included that bumbling inarticulate brainless Boris and his waste of money Eton fag bully-boy Cameron and no nonsense academic brain-box Varoufakis asap. The BBC wouldn't do it though as they pander to the Tories and they could guess at the outcome from such a match. Bad news for the blues.

[GreekIslandGirl]

Here's the full Question Time, from Cambridge, featuring Varoufakis:

[Lordo]

for the first time we actually agree.

[GreekIslandGirl]

for the first time we actually agree.

Actually, it's not the first time.

[erolz66]

I too am a fan of Varoufakis and was heartend to hear of his association with labour in the UK - a great thinker imo, shit politician, but that is in itself a 'plus point' for me in many ways. I too enjoyed his performance on question time and loved his destruction of the myth of 'economic migrants' vs 'genuine refugees' that comes around 12:00 in to the clip above.

[Lordo]

absolutely and also his destruction of the myth that you can run a country on the same basis as a house or a shop. it was refreshing.