Varoufakis Resignation May Mean Greece Ready for New Proposals - German MP

© AFP 2023 / Louisa Gouliamaki Greek Finance Minister Yianis Varoufakis briefs the media after his meeting with Swiss Deputy Minister for International Financial Affairs Jacques de Watteville in Athens on April 28, 2015
Greek Finance Minister Yianis Varoufakis briefs the media after his meeting with Swiss Deputy Minister for International Financial Affairs Jacques de Watteville in Athens on April 28, 2015 - Sputnik International
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The resignation of Greek Finance Minister Yanis Varoufakis gives hope that Athens is prepared to have serious negotiations with the Eurogroup, Niels Annen, foreign policy spokesman for the Social Democratic of Party in the German Parliament, said Monday.

Greek Finance Minister Yanis Varoufakis is surrounded by media as he leaves a polling station during a referendum in Athens, Greece July 5, 2015 - Sputnik International
Varoufakis Resignation is a Result of European Pressure – Greek Politician
BERLIN (Sputnik) — Varoufakis announced his resignation on Monday, a day after more than 61 percent of Greek voters rejected in a referendum the proposals of the country's creditors over the financial aid in exchange for economic austerity measures.

"We must wait and see whether there will be a specific proposal from Greece," Annen told the German Inforadio.

The politician added that Varoufakis' statements made it clear that his participation in further talks on the country's debt settlement would only complicate them.

Greece's total debt is $350 billion, including some $270 billion the country owes to its main international creditors, the European Central Bank, the International Monetary Fund and some Eurozone countries.

On June 30, Athens failed to transfer a loan repayment to the IMF in the amount of $1.7 billion before the expiry of the bailout program.

Several rounds of talks between Greece and its lenders on the country's debt settlement had been held before the government of the country decided to hold a snap-referendum.

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