I’ve always had mixed feelings about the guy. On the one hand he’s a commie. On the other hand, he promised not take any bailout money and he never did.
He has resigned, saying:
Soon after the announcement of the referendum results, I was 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.
I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum.
And I shall wear the creditors’ loathing with pride.
I believe it was entirely Varoufakis who prevented any more bankster bailouts, and for that he should be commended. I fear that Greece may yet break if he’s not there.
I can proudly say that though at times I can’t stand the guy, I found him and thought he was cool before it was cool to think he was cool.