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live Varoufakis resigned

06 July 2015 / 10:07:05  GRReporter
1737 reads

Greek Minister of Finance Yanis Varoufakis resigned hours after the end of the voting in which the majority of Greeks supported the policy led by the cabinet.

Varoufakis announced he was leaving his post in the same way in which he had announced that he had occupied it, with a message on his personal blog.

The political leaders will discuss who the new Finance Minister of Greece will be at a meeting that is due to begin in a few minutes.

The first comments in Greece are that Varoufakis’ resignation is a sign that Tsipras wants to reach an agreement with creditors. Analysts however point out that it has another explanation, namely that in the event of another failure to come to agreement, the Greek Prime Minister would be able to justify it by pointing out that he had done everything possible and had even changed Varoufakis but creditors did not want an agreement. "And the experience of the past five months indicates the second explanation," they add.

According to sources, a member of the negotiating team with creditors will likely be appointed a new finance minister, namely Deputy Prime Minister and coordinator of economic policy of the cabinet Yiannis Dragasakis, Deputy Minister of Finance and head of negotiations Efklidis Tsakalotos, chief negotiator for Greece George Houliarakis or State Minister Nikos Pappas.

 

To be continued

Tags: PoliticsGreek Finance MinisterYanis VaroufakisResignation
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