#GREECE: Finance Min. Varoufakis Ousted After Winning "No" Vote; Pressure From Eurozone Ministers

[world politics news]

Greece's Finance Minister Yanis Varoufakis has quit, citing pressure on Prime Minister Alexis Tsipras from Eurozone political leaders and banking interests. Varoufakis infuriated Eurozone leaders recently by comparing Greece’s creditors to terrorists. He wrote on his blog:  "I shall wear the creditors’ loathing with pride."

#GREECE: Fin. Min. Varoufakis Vows To Resign If Greeks Vote "Yes" To EU Austerity

[world politics news]

Finance Minister Yanis Varoufakis said Greece won’t "extend and pretend" that it can pay its debts, vowing to resign as finance minister if voters don’t support him in Sunday’s referendum. He said he would "prefer to cut my arm off" rather than sign an agreement without debt being restructured.

#GREECE: Finance Min. Insists #EU Won't Risk Economic Fallout From Greek Exit

[world politics news]

Finance Minister Yanis Varoufakis is insisting that fellow European nations will not risk a Greek exit from the European Union despite the breakdown in debt negotiations with its creditors and a walk-out of the International Monetary Fund Thursday night.. He said fellow European nations will not be prepared to take the economic and political risk of forcing a "Grexit."

#GREECE: Foreign Min. Denies Resignation In Twitter Post, Quelling Germans' Hopeful Rumors

[world politics news]

After German tabloid Bild reported that Germany's least-favorite Greek minister Yanis Varoufakis was considering resigning, the minister rejected the story on Twitter, much to the disappointment of German politicians, who find the tough negotiator "difficult."