"I shall wear the creditors’ loathing with pride."
As the Greek people make an historic "OXI!" (NO!) vote, the man who lead the negotiations stuns Europe with a shock resignation.
Just
hours after the Greek people delivered a devastating blow to the the
ideology of austerity by voting NO, Yanis Varoufakis this morning
announced on his blog that he would be stepping down as the Greek Finance Minster with immediate effect. "We
of the Left know how to act collectively with no care for the
privileges of office," Varoufakis wrote. "The superhuman effort to
honour the brave people of Greece, and the famous OXI (NO) that they
granted to democrats the world over, is just beginning."
The astonishing win, asserting the democratic will of the Greek people
over the Troika, stunned many observers, who had, since his election
earlier this year, poured doubt on his ability to effectively negotiate
for the Greek people. In his introduction for Varoufakis' book The Global Minotaur, Channel 4 Economics Correspondent Paul Mason writes "Yanis
Varoufakis entered the HQ of the European Union alone – both literally
and figuratively. He came without advisers, press liaison or bodyguards –
and with the Brussels press corps salivating over what seemed like a
certain and abject surrender."
That surrender never arrived. Instead, Syriza and the Greek people have, in Varoufakis' words, "made hope return to Europe"
over the last 5 months. What happens next is undecided, but there's no
doubt that a defiant Varoufakis has steered Greece on an astonishing
course in his brief tenure, and in doing so, made history for the
European Left.
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