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rpannier

(24,330 posts)
Mon Jul 6, 2015, 02:12 AM Jul 2015

Greece Finance Minister Varoufakis Resigns

From the Guardian and his Twitter Account

Guardian:
In another extraordinary development the Greek finance minister has just announced his resignation.

In a move likely to spark further concerns about the role of other European leaders in Greece’s internal politics, Varoufakis said he was made aware of a preference by “some European participants” of his absence throughout the continuing negotiations.

Twitter:
The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage.

Like all struggles for democratic rights, so too this historic rejection of the Eurogroup’s 25th June ultimatum comes with a large price tag attached. It is, therefore, essential that the great capital bestowed upon our government by the splendid NO vote be invested immediately into a YES to a proper resolution – to an agreement that involves debt restructuring, less austerity, redistribution in favour of the needy, and real reforms.

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.

I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum.

And I shall wear the creditors’ loathing with pride.

link:
http://www.theguardian.com/world/live/2015/jul/06/greek-referendum-eu-leaders-call-crisis-meeting-as-bailout-rejected-live-updates#block-559a13a2e4b00bdd27707ed3

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Greece Finance Minister Varoufakis Resigns (Original Post) rpannier Jul 2015 OP
Interesting gambit. nt geek tragedy Jul 2015 #1
Possibly an attempt to give everyone a face save rpannier Jul 2015 #2
A concession that isn't really a concession. geek tragedy Jul 2015 #3
Perhaps he just came to the realization that he's caused enough chaos, Surya Gayatri Jul 2015 #11
EU pressure .... mylye2222 Jul 2015 #4
Guilty of lese majeste. He didn't pay the Eurocrats due deference. Comrade Grumpy Jul 2015 #5
Personally, I thought his calling them terrorists geek tragedy Jul 2015 #6
All part of his "game theory" of governance, apparently. Surya Gayatri Jul 2015 #13
It is really surprising. All last week he indicated he would only resign if the yes vote won still_one Jul 2015 #7
... Surya Gayatri Jul 2015 #10
LOL. still surprised though still_one Jul 2015 #12
I'm not sure he is lying so much as he recognizes he just can't play a constructive role Sen. Walter Sobchak Jul 2015 #14
LOL! He is, figuratively speaking, one of the molotov-cocktail lobbing Surya Gayatri Jul 2015 #15
Enjoy being a founding member of the Putin Pact shmucks Sen. Walter Sobchak Jul 2015 #8
There's no 'quitting' in game theory!... PoliticAverse Jul 2015 #9
And I shall wear the creditors’ loathing with pride. malaise Jul 2015 #16
He resigned to help the Troika accept a writedown of Greek debt. wilsonbooks Jul 2015 #17
I think that may be right. Adrahil Jul 2015 #19
Yanis one of the good guys. I hope that he now azmom Jul 2015 #18

rpannier

(24,330 posts)
2. Possibly an attempt to give everyone a face save
Mon Jul 6, 2015, 02:29 AM
Jul 2015

Tsipras, Varoufakis and Syriza Party got the win and now this is a toss to the EU to ease some ill feelings

 

geek tragedy

(68,868 posts)
3. A concession that isn't really a concession.
Mon Jul 6, 2015, 02:31 AM
Jul 2015

I was looking forward to seeing him ask people he called 'terrorists' for a loan.

 

Surya Gayatri

(15,445 posts)
11. Perhaps he just came to the realization that he's caused enough chaos,
Mon Jul 6, 2015, 03:41 AM
Jul 2015

and will now let somebody else try to put Humpty-Dumpty back together again.

 

geek tragedy

(68,868 posts)
6. Personally, I thought his calling them terrorists
Mon Jul 6, 2015, 02:42 AM
Jul 2015

was a brilliant way to persuade them to hand over tens of billions of dollars.

I'm sure negotiations would have been entertaining, if also pointless.

Maybe he can be Trump's Latino outreach coordinator.

 

Sen. Walter Sobchak

(8,692 posts)
8. Enjoy being a founding member of the Putin Pact shmucks
Mon Jul 6, 2015, 03:08 AM
Jul 2015

To quote former Greek Prime Minister Antonis Samaras "Where are we going to go? Argentina and Zimbabwe?"

 

Adrahil

(13,340 posts)
19. I think that may be right.
Mon Jul 6, 2015, 10:31 AM
Jul 2015

In the end, the Troika really would rather the Greeks not do a Grexit. But if this gambit is going to work, it had best work FAST, because Greece is running out of cash.

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