In a historic vote on Sunday, the Greek people made it clear to the world that they refuse to accept the austerity measures offered by Germany and the International Monetary fund.

Greece’s Finance Minister stepped down soon after the referendum after being informed by Prime Minister Tsipras that the road ahead for Greece would be smoother without him.

In an epic blog and Twitter post late last night, and this morning, Varoufakis showed his support for the Greek people’s decision.

“The referendum of 5th July will stay in history as a unique moment,” wrote Varoufakis, “when a small European nation rose up against debt-bondage… Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today.”

The EUR/USD tumbled when the result of the vote was announced, but has already begun to correct itself since then.

 

For more details, on what the ‘No’ vote means for the future of Greece, watch this exclusive 18-minute interview Bloomberg conducted with Varoufakis late last week.