• Germany's news in English

Varoufakis quells rumours of resignation

The Local · 27 Mar 2015, 16:40

Published: 27 Mar 2015 11:57 GMT+01:00
Updated: 27 Mar 2015 16:40 GMT+01:00

Facebook Twitter Google+ reddit

Varoufakis said on Twitter that he found the rumours "somewhat amusing."

Under the headline “Is the Greek minister about to save himself?” – a pun on the financial savings which Varoufakis' embattled government needs to enact – Bild claims to have obtained the information from Greek government sources.

“It is only a matter of time before Varoufakis goes,” a government insider told the paper. “That is already fact. It will also make relations with the EU and especially Germany easier.”

Varoufakis took up the post of finance minister on January 25th this year and has been leading negotiations on Greece's debt repayments with the EU and other financial lenders.

Relations with Germany, the key lender within the EU, have been severely strained over the past several weeks. The personal relationship between Varoufakis and his German counterpart Wolfgang Schäuble is said to be particularly bad.

On Wednesday during a Greek national holiday Varoufakis was having his photo taken with supporters, with one telling him “Keep doing what you're doing.”

“Don't just support me now. Support me when a break comes up,” he is reported to have replied, intensifying speculation.

Bild claims that in Athens Varoufakis is already considered damaged goods, saying the German outrage over his middle finger gesture and his arrogant demeanour in Brussels have damaged his relationship with prime minister Alexis Tsipras.

The right-wing tabloid has long sought to discredit the Greek finance minister, recently naming him the “lying minister” in reference to a video which apparently showed Varoufakis “giving the middle finger” when talking about Germany.

Story continues below…

Varoufakis denied making the action, in what became known as the “stinkefinger affair.”

Bild is also strongly opposed to Greece's left-wing government. In February it ran a campaign to oppose further financial assistance to the economically struggling country.

SEE ALSO: TV host faked doctoring of Varoufakis' finger

For more news from Germany, join us on Facebook and Twitter.

The Local (news@thelocal.de)

Facebook Twitter Google+ reddit

Your comments about this article

Today's headlines
Outrage over ruling on 'brutal' gang rape of teen girl
The now convicted suspects, sitting in court in Hamburg. Photo: DPA.

A 14-year-old girl was gang-raped and left partially clothed and unconscious in freezing temperatures. Now prosecutors are appealing the sentences for the young men found guilty, most of whom will not set foot in jail.

Dozens of Turkish diplomats apply for asylum in Germany
Demonstrators holding a giant Turkish flag protest against the attempted coup in Istanbul in July. Photo: DPA.

Since the failed putsch attempt in Turkey in July, Germany has received 35 asylum applications from people with Turkish diplomatic passports, the Interior Ministry confirmed on Wednesday.

Hertha Berlin fan club criticised for 'anti-gay banner'
Hertha BSC beat FC Cologne 2-1. Photo: DPA

A 50 metre fan banner apparently mocking the idea of gay adoption has overshadowed Hertha BSC's win in the Bundesliga.

Germany stalls Chinese takeover of tech firm Aixtron
Aixtron headquarters in Herzogenrath. Photo: DPA

The German government on Monday said it had withdrawn approval for a Chinese firm to acquire Aixtron, a supplier to the semiconductor industry, amid growing unease over Chinese investment in German companies.

Politicians call for tough sentences for 'killer clowns'
File photo: DPA.

Now that the so-called 'killer clown' craze has spread from the US to Germany, elected officials are drawing a hard line against such "pranks", with some threatening offenders with jail time of up to a year.

Nearly one in ten Germans are severely disabled
Photo: DPA

New figures reveal that 9.3 percent of the German population last year were considered severely disabled.

The Local List
Germany's top 10 most surreal sites to visit
The Upside-Down House, in Mecklenburg–Western Pomerania. Photo: Olaf Meister / Wikimedia Commons

From upside-down houses on Baltic islands to a fairy-tale castle near the Austrian border, Germany is a treasure trove of the extraordinary.

Bavarian critics back Merkel for Chancellor again
Photo: DPA

The Christian Social Union (CSU) have long delayed backing Angela Merkel as their candidate for Chancellor in next year's general election. But now key leaders are supporting her publicly.

Four taken to hospital after hotel toilet bursts into flames
File photo: DPA.

Four guests at a Nuremberg hotel were taken to hospital due to smoke inhalation early Monday morning after a toilet there burst into flames.

Creepy clown scare spreads to Germany
Two of the clowns were apparently equipped with chainsaws. Photo: Pedro Pardo / AFP file picture

Police said Friday five incidents involving so-called scary clowns had occurred in two north German towns, including one assailant who hit a man with a baseball bat, amid fears that Halloween could spark a rash of similar attacks.

10 things you never knew about socialist East Germany
Sponsored Article
Last chance to vote absentee in the US elections
How Germans fell in love with America's favourite squash
How I ditched London for Berlin and became a published author
12 clever German idioms that'll make you sound like a pro
23 fascinating facts you never knew about Berlin
9 unmissable events to check out in Germany this October
10 things you never knew about German reunification
10 things you're sure to notice after an Oktoberfest visit
Germany's 10 most Instagram-able places
15 pics that prove Germany is absolutely enchanting in autumn
10 German films you have to watch before you die
6 things about Munich that’ll stay with you forever
10 pieces of German slang you'll never learn in class
Ouch! Naked swimmer hospitalized after angler hooks his penis
Six reasons why Berlin is now known as 'the failed city'
15 tell-tale signs you’ll never quite master German
7 American habits that make Germans very, very uncomfortable
Story of a fugitive cow who outwitted police for weeks before capture
Eleven famous Germans with surnames that'll make your sides split
The best ways to get a visa as an American in Germany
jobs available
Toytown Germany
Germany's English-speaking crowd