Greek bailout critic says he will be new finance minister

Staff Writer
Columbus CEO

ATHENS, Greece (AP) — A Greek economist and outspoken bailout critic says in a blog post that he will be sworn in as finance minister under the country's new left-wing government.

The 53-year-old Yanis Varoufakis made the announcement Tuesday, hours before the new government announced its Cabinet that will be headed by the Syriza party and also likely to include officials from its coalition ally, the anti-bailout and right wing Independent Greeks.

Varoufakis has been a vocal critic of Greece's bailout agreements, arguing that repayment of the country's huge rescue package loans should be linked to growth, a policy change he argues would benefit eurozone lenders.

Syriza won a landmark general election victory Sunday after campaign on a pledge to renegotiate the bailout deal and seek forgiveness of more than half the money.