Greece’s Finance Minister Resigns

Greek Finance Minister Yanis Varoufakis announced his resignation Monday, less than a day after Greeks overwhelmingly voted against a historic bailout referendum. Varoufakis, who clashed with creditors, said he had been “made aware” that some members of the eurozone preferred his absence at meetings, “an idea that the prime minister judged to be potentially helpful to him in reaching an agreement,” according to his blog post. “For this reason I am leaving the ministry of finance today,” he said. Interior ministry figures showed 61.3 percent of Greeks voted “no,” rejecting creditor demands for fresh financial aid, compared to 38.7 percent who voted “yes.” Numbers showed 62.5 percent of voters participated. German Chancellor Angela Merkel and French President François Hollande called an emergency eurozone summit meeting after the result. EU President Donald Tusk said the summit would take place Tuesday.