The Traderszone Network

Published in TZ Latest News 5 July, 2015 by The TZ Newswire Staff

Greek finance minister quits to smooth talks after ‘No’ vote

ATHENS/FRANKFURT (Reuters) – Greece’s outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Yanis Varoufakis, a self-proclaimed “erratic Marxist” economist who infuriated euro zone partners with his unconventional style and hectoring lectures, had campaigned for Sunday’s sweeping ‘No’ vote, accusing Greece’ creditors of “terrorism”.

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