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GreekReporter.com Greek News Economy Yanis Varoufakis Votes Against the Greek Bailout Deal He Negotiated

Yanis Varoufakis Votes Against the Greek Bailout Deal He Negotiated

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On Wednesday evening, former Greek Finance Minister and current SYRIZA MP Yanis Varoufakis voted against a bill that turned into law the austerity-filled terms of the new Greek bailout deal Greece and its international creditors had agreed to in Brussels.
The agreement was ratified by the parliament with 229 YES votes, 64 MPs voting NO while 6 abstained.
Varoufakis, who had been negotiating with Greece’s creditors for five months before resigning last week, was one of the 38 SYRIZA lawmakers who did not vote in favor of the deal.
While addressing the Greek Parliament earlier in the day, Varoufakis had stated that he will vote against the bailout deal.
“What we have before us is a new Versailles Treaty,” he had said.
The former finance minister argued that German Finance Minister Wolfgang Schaeuble and the Troika had intended to lead Greece into yet another memorandum. Varoufakis also believes that due to the International Monetay Fund’s refusal to participate in the bailout and the European Stability Mechanism’s unwillingness to move forward with the absence of the IMF, the agreement will not actually materialize.
Varoufakis left Wednesday evening’s voting session without making any comments.

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