Yanis Varoufakis News

Greece`s former finance minister Yanis Varoufakis on Wednesday warned that the latest bailout deal was doomed to fail despite Prime Minister Alexis Tsipras saying he was "confident" of ending economic uncertainty.

"Of course, I personally gave the order to prepare a team to prepare a defence plan in case of emergency," Tsipras told parliament. without elaborating.

Greece`s maverick finance minister Yanis Varoufakis, who announced his surprise resignation on Monday, achieved near-celebrity status with an urban-cool image and visceral attacks on the country`s international creditors.

His sacrifice, after promising Greeks he would win a better deal within a day of their overwhelming referendum vote, suggested leftist Prime Minister Alexis Tsipras is determined to try to reach a last-ditch compromise with European leaders.

Varoufakis had last week promised to step down if a ‘yes’ vote came out on top in Sunday’s referendum.

Greek Finance Minister Yanis Varoufakis accused Athens' creditors of "terrorism" in an interview published on Saturday, a day before Greeks vote in a high- stakes referendum on their bailout.

Crisis-hit Greece is in the "final stretch" of negotiations with creditors and could reach agreement shortly, Finance Minister Yanis Varoufakis indicated Wednesday.

Greece`s Finance Minister Yanis Varoufakis said German Chancellor Angela Merkel must make a clear decision at a eurozone summit Monday on whether to negotiate a rescue deal with Athens or heed populist calls to jettison the debt-wracked country.

Greece`s finance minister said on Monday it was time the finger-pointing in debt talks with its EU-IMF creditors stopped and that both sides "come to an agreement".

Germany`s Finance Minister Wolfgang Schaeuble will meet Monday in Berlin with his Greek counterpart Yanis Varoufakis, amid contentious negotiations between Greece and its creditors, the German ministry said.

Greece`s outspoken Finance Minister Yanis Varoufakis on Tuesday urged the country`s international creditors to "get their act together" and help cobble together a new loan deal before the struggling nation`s money runs out.

Greek Finance Minister Yanis Varoufakis said on Thursday that its European partners have prevented the Greek government from legislating many necessary reforms, and stressed that he would only sign an agreement that aims at economic sustainability, Efe news agency reported.

Greek Finance Minister Yanis Varoufakis said Athens expected no deal on its debt crisis at talks with his counterparts in Brussels on May 11, but added that it would be a step towards a final agreement.

Greek Finance Minister Yanis Varoufakis insisted in a German newspaper interview Wednesday that he is still in charge of Greece`s team handling crucial talks with creditors, despite a recent shake-up.

Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to relegate embattled Finance Minister Yanis Varoufakis to a less active role in negotiations.

Greece cannot simply sign up for an existing agreement on its debt that will not solve its economic problems, Finance Minister Yanis Varoufakis said on the sidelines of the International Monetary Fund meetings on Thursday.

Greek Finance Minister Yanis Varoufakis said Thursday that his country is determined to remain in the eurozone, as concerns swirl over a possible debt default and departure from the bloc.

Greece is due to make its 459 million euro ($495 million) April loan payment to the IMF Thursday following days of uncertainty, but the European nation`s ability to honour its debts remains a source of acute anxiety to creditors.

Greek Finance Minister Yanis Varoufakis said on Sunday that Greece "intends to meet all obligations to all its creditors, ad infinitum," seeking to quell default fears ahead of a big loan payment Athens owes the IMF later this week.

Greek Finance Minister Yanis Varoufakis will meet IMF chief Christine Lagarde in Washington on Sunday, ahead of the country`s April 9 deadline for its next payment to the fund.