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Within his freshly published personal account, named Ithaki, the ex- leader Alexis Tsipras does not hold back as he examines the chaotic period of Greece's economic turmoil.

An Unconventional Choice

In Tsipras's version, Tsipras appointed that maverick academic Varoufakis to be his treasury head largely because of the latter's international reputation along with his very persuasive skills as a public orator.

“In reality, he was, in reality, more of a star and less of an economic expert,” recalled the 51-year-old.

Clashing Priorities

Tsipras suggests that Varoufakis had a personal agenda which involved advancing his publications and experimenting with his game theories using the nation rather than truly advocating the country's economic stability.

Tsipras noted how the discussions to prevent insolvency became “not only a method to secure improved terms for Greece. They became a test, an historic chance to demonstrate the truth of his theories.”

Critical Negotiations

During tense discussions, Greece found itself perilously close to exiting the eurozone.

On the line lay not only Greece's future but also those punishing austerity measures required in exchange for bailout funds from foreign lenders.

Unsuccessful Alternatives

Efforts to find funds from other sources, including an urgent plea to the Kremlin to buy Greek government bonds, fell on stony ground.

Helping Greece would be equivalent to throwing money in the trash-can, the Russian leader is reputed to have informed his Greek counterpart during their meeting.

Public Vote and U-Turn

In July 2015, the harsh bailout terms were subjected to a popular referendum, an action which plunged the EU into a deeper crisis of identity.

Even though the referendum was carried decisively by those against the cuts, Tsipras was forced but to ignore the result then agree to a rescue deal with creditors that proved to be tougher.

Final Straw

Tsipras claimed that he started questioning Varoufakis quite early on.

“Varoufakis was the face of the talks, the figure who attracted publicity, who graced the front pages of publications the world over … he gave the impression he was enjoying the spotlight.”

After Varoufakis proposed a backup strategy that included creating a parallel currency as well as distributing vouchers to retirees, Tsipras knew it was the end and asked Varoufakis: “Can you be serious?”

Lasting Criticism

In the book, Tsipras concludes how his former ally had proved himself “unsuitable for an agreement that required complex and delicate management.”

He also wrote that his aggressive style made him more and more alone with colleagues, endangered the country, and helped hawks who were pushing for Grexit.

The account of history has provoked anger and stunned disbelief among certain groups, while the former minister has kept a deafening silence on the matter.