"The left-wing economist believes expanding Europe's military would "dissolve the social fabric" without guaranteeing security. "It's a way of weakening Europe in the name of making it stronger," Varoufakis explained..
Opposed to an agreement between Moscow and Kyiv proposed by US President Donald Trump, Varoufakis instead calls on Europe to put its own peace plan on the table.
"We should reject Trump's plan. But we need to have our own. The first step will be to immediately and without a second doubt reject Donald Trump's land grab, his attempt to grab the underground riches of a part of Europe," he stressed.
"We need to counter-propose our own peace plan. Rearming Europe, buying more weaponry from British Aerospace, from Dallas, from Rheinmetall, this is not going to make any difference to Ukraine. Ukraine needs a peace plan from Europe now".
In his view, this agreement should guarantee Ukraine's sovereignty and its connection to Europe while keeping it "outside the two blocs, the Russian bloc and the NATO bloc, and allows us, as Europeans to come to their assistance, to rebuild their economy and society."
According to Varoufakis, if Europe wants to play a role on the international stage during this period of major geopolitical tensions, it needs first and foremost a "political union" to gain "legitimacy", not an army."
