General

Greek Referendum: Finance Minister Yanis Varoufakis resigns

Author : NewsGram Desk

Athens: Greek Finance Minister Yanis Varoufakis on Monday announced his resignation in a statement issued after his compatriots voted "No" in a referendum on bailout conditions, media reported.

It comes hours after Greece overwhelmingly rejected the European Union's (EU) bailout offer with stringent conditions. The bloc had urged the Greek government to make "meaningful" and "possible" proposals for renegotiation, Xinhua news agency reported.

The Greek people said "no more" to five years of austerity, Varoufakis said earlier in a televised address after his government triumphed.

(IANS)

Subscribe to our channels on YouTube and WhatsApp 

Also Read

Padma Awards 2026: 131 Honoured Including Dharmendra, Mammootty, Shibu Soren, and VS Achuthanandan

Sir Mark Tully - BBC Journalist And Author, Who Called India Home and Valued Its Religious Richness, Dies at 90

Government Accountability Questioned: Why Was Sanjeev Khirwar Appointed MCD Commissioner Despite Thyagraj Stadium Dog-Walking Controversy and Allegations of Administrative Misuse?

Routine Childhood Vaccinations Not Linked to Higher Epilepsy Risk: Study

Woman Arrested in Delhi for Using Fake Diplomatic Plates to Access High-Security Areas Ahead of Republic Day