Varoufakis to unveil new movement in Berlin

Greece’s former finance minister Yanis Varoufakis on Tuesday will be launching a new cross-continental movement in Berlin, holding a press conference in the morning the official presentation in the evening at the Volksbuhne Theater.

The Democracy in Europe Movement 2025 (DiEM25) aims to “re-politicize political decisions and to democratize the decision making process,” Varoufakis said in an interview last month.

Varoufakis has said that his experience in Eurogroup meetings had left him with the conclusion that the EU was not democratic.

“What is going on in Greece is simply a reflection – an echo – of a far deeper crisis throughout the eurozone, which cannot be solved at any national or member-state level,” he told the Open Democracy website.

““The obvious conclusion one must draw from this is that either you argue for a dissolution of the monetary union, and then you can talk about national politics again quite sensibly. Or you should be talking about a pan-European movement for change throughout the eurozone.”

DiEM25, Varoufakis said, has “one very simple, but radical, idea: to democratize Europe.”