Greek finance minister resigns after bailout vote | Inquirer News

Greek finance minister resigns after bailout vote

/ 02:21 PM July 06, 2015

ATHENS, Greece — Greek Finance Minister Yanis Varoufakis has resigned, saying he was told shortly after the Greek referendum result that the other eurozone finance ministers and Greece’s other creditors would prefer he not attend the ministers’ meetings.

Varoufakis issued an announcement saying Prime Minister Alexis Tsipras had judged that Varoufakis’ resignation “might help achieve a deal” and that he was leaving the finance ministry for this reason Monday.

Varoufakis is known for his brash style and fondness for frequent media appearances at the start of his tenure when the new government was formed in January. He had visibly annoyed many of the eurozone’s finance ministers during Greece’s debt negotiations.

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TAGS: Bailout, debt crisis, finance minister, Greece

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