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Greek Finance Minister Varoufakis Denies Resignation Rumors

© REUTERS / Alkis KonstantinidisGreek Finance Minister Yanis Varoufakis delivers a speech during The Economist conference on "Europe: The comeback, Greece: How resilient?"
Greek Finance Minister Yanis Varoufakis delivers a speech during The Economist conference on Europe: The comeback, Greece: How resilient? - Sputnik International
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Greek Finance Minister Yanis Varoufakis called rumors of his resignation "grossly premature."

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MOSCOW (Sputnik) — Embattled Greek Finance Minister Yanis Varoufakis dismissed speculations on Sunday that he could step down from his post as the debt-ridden country looks to seal a deal with its creditors in a last-ditch attempt to avoid default.

"Rumors of my impending resignation are (for the umpteenth time) grossly premature," Varoufakis said via his Twitter account.

In April, Varoufakis, known for his outspoken style, was reportedly sidelined as Greece’s chief negotiator with the international lenders, but he later denied the reports.

Greece currently hopes to secure more financial aid in exchange for economic reforms before the bailout plan, first agreed by Athens and the European Commission in 2011, expires on June 30.

Greek Finance Minister Yanis Varoufakis - Sputnik International
Greek Debt Settlement Deal Within Reach – Finance Minister
On Saturday, Greek Interior Minister Nikos Voutsis said that a deal could be signed within a week.

Last week, Greek Prime Minister Alexis Tsipras said that Athens was ready to accept a viable agreement with its international creditors but not on "humiliating terms."

Greece's national debt stands at around $350 billion, of which $270 billion is owed to its three biggest lenders, the International Monetary Fund, the European Commission and the European Central Bank.

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