Varoufakis to resign if Greece votes 'yes' in referendum

Yanis Varoufakis said he will resign as Greece's finance minister if Greeks vote "yes", speaking in an interview with Bloomberg Thursday. But he added he will remain as a member of parliament and will work with whoever takes over. Varoufakis also said the Greek government will find a way to sign the bailout deal on offer from the country's lenders if Sunday's referendum ends in a "yes" vote. If the outcome is "no" to the proposal put forward by Greece's creditors, Athens will begin talks on a new agreement, he said. In that case, Varoufakis suggested there could be a deal within "an hour" of negotiations resuming. He said debt restructuring should be included in a new deal and that the European Central Bank could restart emergency funding to support Greece's banks. The country "desperately" wants to remain in the euro, he said. The Stoxx Europe 600 turned lower as Varoufakis spoke, down 0.1%.

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