Greek Finance Minister Varoufakis announces his resignation

[unhappycamper]

http://www.france24.com/en/20150706-greek-finance-minister-varoufakis-announces-resignation

Greek Finance Minister Varoufakis announces his resignation
Latest update : 2015-07-06

Greece’s outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout.

Yanis Varoufakis, a self-proclaimed “erratic Marxist” economist who infuriated euro zone partners with his unconventional style and hectoring lectures, had campaigned for Sunday’s sweeping ‘No’ vote, accusing Greece’ creditors of “terrorism”.

“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 said in a statement.

His sacrifice, after promising Greeks he would win a better deal within a day of their overwhelming referendum vote, suggested leftist Prime Minister Alexis Tsipras is determined to try to reach a last-ditch compromise with European leaders.

[DCBob]

1. Bailing out as the ship sinks.

[canoeist52]

2. Because he know it's about personality politics. It's about the issues,

You don't allow the baby (Greece) to be cut in half over personality, if you love it and want it to succeed. He brought it this far, and now someone just as good at it, will step in to continue the work for the people's agenda.

[bemildred]

3. After the Greek Drama EU Summit On Tuesday

Stunned by the result of the Greek referendum, the EU Council president Donald Tusk said he’s called a summit Tuesday to discuss Greece.

From France to Finland and across Europe’s southern and northern shores, Eurosceptics lined up to laud Greek democracy for disowning what some cast as the “oligarchy” which runs the 28-member EU, the world’s largest economic bloc.

“The EU project is now dying,” said Nigel Farage, leader of the UK Independence Party, an anti-EU party which won 12.6 percent of the vote — but just one seat — in Britain’s May 7 general election.

“It’s fantastic to see the courage of the Greek people in the face of political and economic bullying from Brussels,” Farage said as partial results showed 61 percent of Greeks rejecting the bailout offer.

http://www.neurope.eu/article/after-the-greek-drama-eu-summit-on-tuesday/