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Embattled Greek Finance Minister Yanis Varoufakis resigns
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| Contributor | IndyGeorgia |
| Last Edited | IndyGeorgia Jul 06, 2015 09:15am |
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| Category | Announcement |
| Author | CNN Money |
| News Date | Monday, July 6, 2015 03:00:00 PM UTC0:0 |
| Description | Yanis Varoufakis, Greece's embattled finance minister, has resigned his post, saying the move could help Prime Minister Alexis Tsipras reach an agreement with creditors.
"I was made aware of a certain preference by some Eurogroup participants, and assorted 'partners', for my ... 'absence' from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement," Varoufakis wrote in a blog post early Monday.
"For this reason I am leaving the Ministry of Finance today," he continued. "I shall wear the creditors' loathing with pride."
Greece's Ministry of Finance confirmed his departure in a separate statement.
During his time in government, Varoufakis refused to adopt the mannerisms of a conventional European politician. Instead, he dressed informally and loudly. He frequently appeared in media, launching biting rhetorical attacks against rival negotiators and governments.
While it may have appealed to populists, critics said his style failed to win many fans in the negotiating room. |
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