Greek Finance Minister steps down after voters reject proposed bailout deal

The Greek Finance Minister says he’s stepping down, a day after voters rejected a proposed bailout deal. European Union Logo In an online post this morning, Yanis Varoufakis, says he became aware of a ‘certain preference’ by some in the Eurogroup for his ‘absence’ from its meetings, after last night’s result. He thinks it’ll help secure a deal on Greece’s finances if he resigns. Mr Varoufakis insists yesterday’s vote will ‘stay in history as a unique moment when a small European nation rose up against debt-bondage’.Speaking last night before his announcement, Mr Varoufakis said he believed the result itself would help negotiate a better financial aid package. Meanwhile German Chancellor Angela Merkel and French President Francois Hollande meet today, ahead of an extraordinary summit in Brussels tomorrow. It’s thought fresh negotiations will take place on a third Greek bailout, or a temporary exit from the Eurozone by Athens.