FIRST AIRED: November 27, 2018

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:00
>>
BLANK_AU
IO]
00:00:01
A familiar face in unfamiliar territory. Yanis Varoufakis, the motorbike riding politician who rose to celebrity status during the euro zone debt crisis, is due to stand in European elections, but not in his Greek homeland, in Germany instead. The former Greek Finance Minister was picked as a candidate by the Democracy in Europe Movement 2025, a cross border group he founded two years ago claiming he wanted to democratize Europe.
00:00:29
>> I accept it because my candidacy I would like to think symbolizes this transnationalism. I accept it because it epitomizes the new transnational politics that we need in Europe.>> Varoufakis is not a German citizen, but says he's an EU citizen who has a residential address in the country.
00:00:49
The 57-year-old stridently criticized the austerity policies championed by Berlin at the height of the Brexit crisis. The academic economist once described the measures forced on Greece by creditors as fiscal waterboarding, and now he warns support for the political middle across Europe is falling away. That's because of a lack of public spending and rising inequality.
00:01:12
>> On paper this country is drowning in money, so why is the political center not holding in Germany? Why are the major parties bleeding? Why is discontent, xenophobia, and precariousness on a triumphant march? The answer is Germany's habitat, Europe, is in a deepening systemic crisis.>> Varoufakis says he wants his movement to pour money into green policies to tackle climate change.
00:01:40
The election is due to take place in May 2019.