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Yanis Varoufakis Leaves Greece Ministry of Finance

THE LEVANT NEWS — By Marcus Bensasson* – Greek Finance Minister Yanis Varoufakis said he was quitting his post hours after his government triumphed in a referendum rejecting further austerity, saying his presence would hamper aid talks.

“Soon after the announcement of the referendum results, I was made aware of a certain preference by some European 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,” he wrote on his personal blog. “For this reason I am leaving the Ministry of Finance today.”

Source: Bloomberg.

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