ATHENS: Greek former finance minister and anti-austerity maverick Yanis Varoufakis on Monday launced a new party, part of a movement in several European countries to contest EU elections next year.
“We will not mince our words,” the 57-year-old economics professor told a news conference, seated on a theater stage next to a red neon sign bearing the new party’s name: MeRA25.
Pledging to “bring realistic hope” to Greece, Varoufakis said the grassroots pro-European movement is composed of “people of the left and liberalism, greens and feminists.”
MeRA25 is part of DiEM25, a transnational anti-establishment movement urging a “new deal” for a continent hit by the fallout of the 2008 economic crisis.
The name is an acronym for Movement for Democracy in Europe (by) 2025.
“We don’t really (have a European parliament),” he said.
“(It) has always been there as a fig leaf for the lack of genuine democratic processes.”
The DiEM25 movement has no official leader. Within months, members in countries where it is active will elect a head secretary, electoral candidates and a campaign platform for every nation, Varoufakis said.
The initiative promising “responsible disobedience” already has members in countries including France, Germany, Britain, Ireland, Portugal, Poland and Lithuania, Varoufakis said.
Prominent backers include Canadian journalist Naomi Klein, US intellectual Noam Chomsky and British musician Brian Eno.
Varoufakis’ proposals for Greece include public debt restructuring, a tax cut, and the creation of a state company to manage household debt and protect bank debtors from foreclosure.
As finance minister during the early months of Greece’s radical left government in 2015, Varoufakis famously locked horns with senior European officials over the country’s bailout plan, which he argued only plunged Greeks further into recession and debt.
His critics counter than Varoufakis’ stalling tactics in 2015 only brought an even harsher reform deal later signed by Prime Minister Alexis Tsipras and cost the country billions.
European economic affairs commissioner Pierre Moscovici has described him as “half guru, half rock star” and a “narcissist.”
‘Easy Rider’ Varoufakis launches Greek political party
‘Easy Rider’ Varoufakis launches Greek political party
Bangladesh mourns Khaleda Zia, its first woman prime minister
- Ousted ex-premier Sheikh Hasina, who imprisoned Zia in 2018, offers condolences on her death
- Zia’s rivalry with Hasina, both multiple-term PMs, shaped Bangladeshi politics for a generation
DHAKA: Bangladesh declared three days of state mourning on Tuesday for Khaleda Zia, its first female prime minister and one of the key figures on the county’s political scene over the past four decades.
Zia entered public life as Bangladesh’s first lady when her husband, Ziaur Rahman, a 1971 Liberation War hero, became president in 1977.
Four years later, when her husband was assassinated, she took over the helm of his Bangladesh Nationalist Party and, following the 1982 military coup led by Hussain Muhammad Ershad, was at the forefront of the pro-democracy movement.
Arrested several times during protests against Ershad’s rule, she first rose to power following the victory of the BNP in the 1991 general election, becoming the second woman prime minister of a predominantly Muslim nation, after Pakistan’s Benazir Bhutto.
Zia also served as a prime minister of a short-lived government of 1996 and came to power again for a full five-year term in 2001.
She passed away at the age of 80 on Tuesday morning at a hospital in Dhaka after a long illness.
She was a “symbol of the democratic movement” and with her death “the nation has lost a great guardian,” Bangladesh’s interim leader Muhammad Yunus said in a condolence statement, as the government announced the mourning period.
“Khaleda Zia was the three-time prime minister of Bangladesh and the country’s first female prime minister. ... Her role against President Ershad, an army chief who assumed the presidency through a coup, also made her a significant figure in the country’s politics,” Prof. Amena Mohsin, a political scientist, told Arab News.
“She was a housewife when she came into politics. At that time, she just lost her husband, but it’s not that she began politics under the shadow of her husband, president Ziaur Rahman. She outgrew her husband and built her own position.”
For a generation, Bangladeshi politics was shaped by Zia’s rivalry with Sheikh Hasina, who has served as prime minister for four terms.
Both carried the legacy of the Liberation War — Zia through her husband, and Hasina through her father, Sheikh Mujibur Rahman, widely known as the “Father of the Nation,” who served as the country’s first president until his assassination in 1975.
During Hasina’s rule, Zia was convicted in corruption cases and imprisoned in 2018. From 2020, she was placed under house arrest and freed only last year, after a mass student-led uprising, known as the July Revolution, ousted Hasina, who fled to India.
In November, Hasina was sentenced to death in absentia for her deadly crackdown on student protesters and remains in self-exile.
Unlike Hasina, Zia never left Bangladesh.
“She never left the country and countrymen, and she said that Bangladesh was her only address. Ultimately, it proved true,” Mohsin said.
“Many people admire Khaleda Zia for her uncompromising stance in politics. It’s true that she was uncompromising.”
On the social media of Hasina’s Awami League party, the ousted leader also offered condolences to Zia’s family, saying that her death has caused an “irreparable loss to the current politics of Bangladesh” and the BNP leadership.
The party’s chairmanship was assumed by Zia’s eldest son, Tarique Rahman, who returned to Dhaka just last week after more than 17 years in exile.
He had been living in London since 2008, when he faced multiple convictions, including an alleged plot to assassinate Hasina. Bangladeshi courts acquitted him only recently, following Hasina’s removal from office, making his return legally possible.
He is currently a leading contender for prime minister in February’s general elections.
“We knew it for many years that Tarique Rahman would assume his current position at some point,” Mohsin said.
“He should uphold the spirit of the July Revolution of 2024, including the right to freedom of expression, a free and fair environment for democratic practices, and more.”










