Former Greek finance minister Yanis Varoufakis, who was outspoken in his criticism of the austerity policies championed by Berlin at the height of the eurozone’s debt crisis, is to stand in European elections next year – in Germany.

The Democracy in Europe Movement 2025 (DiEM25), which he launched in 2016 to “democratize” the continent, picked him on Sunday as a candidate for the elections to the European Parliament in May 2019.

“I accept (the nomination) because it epitomizes the new trans-national politics we need in Europe,” he told a news conference in Berlin where his colleagues unfurled a banner with the slogan “European Spring”.

“I call on all of you to join us in this pan-European quest for democracy in Europe, democracy in Germany as a condition for prosperity and authentic democracy,” he said.

Last time a country followed Varoufakis’ negotiation plan, it ended up with its banks shut &an extra €100bn in debt. https://t.co/f1BFt2pVta

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