06-07-2015, 09:14 AM
A bit from RT on his resignation with a link to his statement.
Love his comment that he 'will wear the creditors loathing with pride'.
I expect the Brooking Institute will have him on the speakers circuit getting $50,000 a pop in no time at all.
Love his comment that he 'will wear the creditors loathing with pride'.
I expect the Brooking Institute will have him on the speakers circuit getting $50,000 a pop in no time at all.
Quote:Varoufakis resigns as Greek finance minister 'to aid deal'
Published time: July 06, 2015 05:42
Edited time: July 06, 2015 08:01 Get short URL
Greek Finance Minister Yanis Varoufakis.(Reuters / Alkis Konstantinidis)
After securing a 'no' vote at Greek referendum on bailout, Finance Minister Yanis Varoufakis resigned, saying it would help Prime Minister Alexis Tsipras negotiate a better deal with foreign creditors.
"Soon after the announcement of the referendum results, 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. For this reason I am leaving the Ministry of Finance today," he said Monday in an online statement.
He added that he would "wear the creditors' loathing with pride" and pledged his continued support to Tsipras and whoever he chooses as his new finance minister.
Varoufakis's successor as finance minister will likely be the chief negotiator in talks with international creditors, Euclid Tsakalotos, a senior government official told Reuters. The appointment of the new finance minister is expected after the meeting of political leaders on Monday.
On Sunday more than 61 percent of Greek voters said no to a bailout plan proposed by foreign creditors, supporting their government's opposition to the plan. The result was praised by the Greek government but lamented elsewhere in the EU, even as foreign officials said they respected the choice of the Greek people.
German Economy Minister Sigmar Gabriel said that the vote had "torn down the last bridges on which Greece and Europe could have moved towards a compromise." Germany risks losing some 14 billion euros in revenue from Greek sovereign bonds held by Germany's central bank.
Italy's foreign minister, Paolo Gentiloni, urged the EU to keep looking for middle ground with Greece, despite the referendum.
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.