MOSCOW (Sputnik) — The new pro-European left-wing party is called Democracy in Europe Movement 2025, or DIEM25.
"There is absolutely no doubt that what we are doing with DIEM seems quite Utopian. The alternative is either to keep pretending as the powers…in the European Union are doing that they can maintain this European Union that we now have. They can't. That's far more Utopian than what we are doing," Varoufakis told reporters after a presentation unveiling the new movement.
More than 3,000 people have already joined DIEM25, including WikiLeaks founder Julian Assange and English musician Brian Eno, according to the movement's website.
Varoufakis, previously a key figure in Greece’s negotiations with its creditors over the bailout program, stepped down from the position of finance minister on July 6, stating that he had become aware that his resignation could help the country’s leadership reach an agreement.