Greek Finance Minister quits despite ‘NO’ vote

Greek Finance Minister quits despite ‘NO’ vote

Greek Finance Minister Yanis Varoufakis, said he was quitting his post hours after his government triumphed in a referendum rejecting further austerity.
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By Marcus Bensasson

(Bloomberg) – Greek Finance Minister Yanis Varoufakis, said he was quitting his post hours after his government triumphed in a referendum rejecting further austerity, saying his presence would hamper aid talks.

"Soon after the announcement of the referendum results, I was made aware of a certain preference by some European 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," he wrote on his personal blog. "For this reason I am leaving the Ministry of Finance today."

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