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New Greek finance minister says he’ll keep blogging

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Newly appointed Greek Finance Minister Yanis Varoufakis attends the civil oath ceremony at the Presidental Palace in Athens

Finance ministers are traditionally tight-lipped, for fear that even an innocuous comment could cause ructions in world markets. But the new finance minister of Greece, Yanis Varoufakis, is anything but traditional.

On Tuesday he said he will continue blogging, despite receiving advice not to.

“Naturally, my blog posts will become more infrequent and shorter. But I do hope they compensate with juicier views, comments and insights,” he wrote, of course, on his blog.

His blog is a good place to get background on the new government ruling debt-mired Greece. Varoufakis — who characterizes himself as a libertarian Marxist — has likened the Greek austerity program to “fiscal waterboarding.”

Last week he wrote (in a piece that also ran in the Economist) that the European Central Bank‘s new bond-buying program should not exclude Greek debt, and that the European Investment Bank should embark on a large-scale, pan-European investment-led recovery program.

Steve Goldstein