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Within his newly released autobiography, named Ithaki, the former premier Alexis Tsipras spares no criticism as he examines the turbulent era of Greece's economic turmoil.

A Controversial Appointment

According to Tsipras's account, he appointed the unorthodox economist Varoufakis to be the treasury head largely due to his global profile along with his highly compelling skills as a communicator.

“In reality, he was, in reality, more of a celebrity rather than an economist,” stated Tsipras.

Conflicting Priorities

The former leader claims how Varoufakis had his own motives which included promoting his publications as well as experimenting with his economic models using the nation rather than genuinely advocating its economic stability.

He explained that those negotiations to stave off bankruptcy were “not only a method to secure improved terms for the country. They became a test, a monumental opportunity to prove the validity of Varoufakis's ideas.”

Critical Talks

During volatile discussions, the country came dangerously on the brink of exiting the eurozone.

On the line was both Greece's destiny but also the severe austerity measures demanded in return for financial aid from international creditors.

Unsuccessful Alternatives

Attempts to find financing elsewhere, including a desperate plea to the Kremlin to buy Greek government bonds, were rejected.

Assisting Greece would be equivalent to tossing cash into the garbage, Putin reportedly told his Greek counterpart during their meeting.

Public Vote Followed by U-Turn

That summer, the harsh conditions were put to a public vote, an action that threw Europe into a further crisis of identity.

Although the referendum was won resoundingly by those who opposed austerity, Tsipras was forced to reject its outcome and negotiate a bailout package with foreign lenders which proved to be more severe.

Final Straw

Tsipras revealed how he began to doubt his finance minister relatively soon.

“Varoufakis was the face of negotiation, the man who drew publicity, who graced the front pages of magazines globally … he gave the impression he was enjoying the spotlight.”

When the minister outlined a contingency plan that included establishing a secondary currency as well as distributing coupons to retirees, the leader said he realised it was the end questioning Varoufakis: “Can you be serious?”

Enduring Criticism

Within the book, Tsipras asserts how his former ally had proved himself to be “unsuitable for an agreement that required complex and delicate handling.”

Tsipras further claimed how Varoufakis's aggressive style left him increasingly isolated with colleagues, endangered the country, while helped hardliners that were pushing for Grexit.

This account of events has been met with fury and stunned disbelief among certain groups, while the former minister has so far maintained a conspicuous quiet regarding these claims.