Finance minister Varoufakis says will resign if Greeks vote "Yes": TV
[FRANKFURT] Greece's finance minister said on Thursday that he would resign from his post if a weekend referendum on bailout terms resulted in a "Yes" vote.
Asked by Bloomberg Television whether he would still be finance minister on Monday evening if Greeks voted "Yes", Yanis Varoufakis said: "I will not ... I personally won't sign another extend and pretend (agreement)."
He said the Greek government would find a way of reaching agreement with creditors if, as he did not expect, Greeks were to vote in favour of the terms on offer.
"Maybe we will change the configuration of the government. Some of us may not be able to stomach it," he added.
Mr Varoufakis said he would not agree to a plan that did not entail a restructuring of debt: "I prefer to cut my arm off."
REUTERS
Read more on the Greek crisis here
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
‘We have our jury’: panel selected for Trump criminal trial
UK wage growth and services inflation too high for rate cut, BOE’s Greene says
US to reduce licensing by 80% for UK, Australia to boost Aukus
IMF tells Asian central banks not to follow Fed too closely
UN chief warns Mideast on brink of 'full-scale regional conflict'
IMF boss says ‘all eyes’ on US amid risks to global economy