ATHENS, Greece—Greek Finance Minister Yanis Varoufakis resigned Monday, saying he was told shortly after Greece’s decisive referendum result that some other eurozone finance ministers and the country’s other creditors would appreciate his not attending the ministers’ meetings.
Varoufakis said Prime Minister Alexis Tsipras had judged that his resignation “might help achieve a deal” and that he was leaving the finance ministry for that reason.
“I shall wear the creditors’ loathing with pride,” Varoufakis said in his announcement.
Greeks voted overwhelmingly to reject creditors’ proposal of more austerity measures in return for rescue loans, in the country’s first referendum in 41 years Sunday.
