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yanisvaroufakis

It’s amazing, isn’t it? Immediately after his government won an internationally-important vote against the foreign bankers and financiers who have been terrorising Greece with undemocratic austerity measures in return for loans, finance minister Yanis Varoufakis has resigned.

In his blog, he wrote that he had been “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.”

He wrote: “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. [Bolding mine]

“We of the Left know how to act collectively with no care for the privileges of office. I shall support fully Prime Minister Tsipras, the new Minister of Finance, and our government.

“And I shall wear the creditors’ loathing with pride.”

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