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Monday, July 06, 2015

Varoufakis Resigns

Hot on the heels of an Oxi vote of around 61% Varoufakis, the man who said he would resign if the vote was Nai, has resigned as Finance Minister.

He cites the fact that he wants to give Tsipras every chance to maximise his negotiating strength with the Troika.

Very noble, given that he called the Troika "terrorists". However, let us not also forget that he promised a deal would be done within 24 hours of the result.

How's that looking then?

Oh, irrespective of him no longer being officially Finance Minister of Greece, he will doubtless still be advising Tsipras in the background and most certainly remains an MP.

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