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October 30, 2015

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Italy ire at Varoufakis RAI payout

Italian politicians have expressed outrage after it emerged that public broadcaster RAI paid Greece鈥檚 flamboyant former finance minister Yanis Varoufakis 24,000 euros for a 22-minute interview.

The fee 鈥 equivalent to US$26,300 or over 1,000 euros a minute 鈥 was paid out to Varoufakis for an appearance on RAI 3 on September 27, along with a first-class plane ticket, the renegade economist revealed on his own blog on Wednesday.

Varoufakis, the former face of Greek defiance against the cash-strapped country鈥檚 creditors, said he was releasing details of his earnings for recent media and public speaking gigs to dispel claims that he has been on a 鈥渟elf-enrichment drive鈥 since resigning in July.

He listed 20 events at which he had spoken for free or for economy-class flights only, and three more for which he earned between 500 and 1,700 euros. But there were also two 鈥渃ommercial鈥 appearances 鈥 the RAI interview and a presentation at a Singapore conference 鈥 for which he earned 24,000 euros and 28,800, respectively.

Renato Brunetta, leader of the Forza Italia party in the lower house of parliament, denounced the huge payout, saying it was 鈥渆xtremely serious, unprecedented鈥.

鈥淒o Italians pay their subscription to RAI to pay Varoufakis? I hope not,鈥 wrote FI spokeswoman Mara Carfagna on Twitter.


 

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