Greek FM Varoufakis resigns


Greek Finance Minister Yanis Varoufakis leaves after a meeting at the office of Prime Minister Alexis Tsipras in Maximos Mansion in Athens, Greece, in this file picture taken June 28, 2015. - Reuters

ATHENS, July 6, 2015 (AFP) - Greece’s Finance Minister Yanis Varoufakis on Monday said he was resigning, in a shock announcement despite the government having secured a resounding victory for the ‘No’ vote in the country’s referendum on bailout conditions.

"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," Varoufakis, who had often clashed with creditors in negotiations over the past months, said on his blog after announcing the news on Twitter.

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