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Previously, he was a member of Syriza and was Greece's Minister of Finance between January and July , negotiating on behalf of the Greek government during the Greek government-debt crisis. Varoufakis was first elected as a Member of the Hellenic Parliament with Syriza , representing the Athens B constituency from January to September He was appointed Minister of Finance by Prime Minister Alexis Tsipras , two days after the election, serving in this role between January and July Varoufakis's father, Georgios Varoufakis, was an Egyptiote Greek who emigrated from Cairo to Greece in [ 7 ] in order to study chemistry at the University of Athens.
In response, he said: "Look, I am not a Buddhist, but I would never sign a denunciation of Buddhism". Varoufakis's mother Eleni was studying chemistry at the University of Athens in the late s.
Varoufakis later said that the military junta showed him a "sense of what it means to be both unfree and, at once, convinced that the possibilities for progress and improvement are endless". The junta collapsed when Varoufakis was in junior high school. When his teacher gave him a low mark for that, he became angry and has continued spelling his first name with one nu ever since.
Varoufakis completed his secondary education during , when his parents deemed it too dangerous for him to continue his education in Greece. Therefore, he moved to the United Kingdom in where he entered the University of Essex.
His "initial urge was to study physics" but he decided that "the lingua franca of political discourse was economics". He enrolled in the economics course at Essex, but it has also been suggested that he decided to enroll in economics after meeting Andreas Papandreou. Varoufakis was elected secretary of the Black Students Alliance, a choice that caused some controversy, given that he is not black, to which he responded "that black was a political term and, as a Greek, on the grounds of ethnicity he had as much reason to be there as anyone else.