Yanis Varoufakis on a New Deal to Save the EU
Most experts agree that the euro is undermining the EU. To dismantle it, however, would be extremely costly, and federalization isn’t feasible in the current political climate. Instead, Yanis Varoufakis suggests a different path: simulating a functioning federation. In this episode, editors Whitney Arana and Jonathan Stein talk with the former Greek finance minister about his proposal to save the EU, and his “New Deal” solution to some of the bloc’s most pressing challenges.