Receive Breaking News updates as they occur
By Renee Maltezou and John O'Donnell ATHENS/FRANKFURT (Reuters) - Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any last-minute deal to keep Athens in the euro zone after Greeks voted resoundingly to reject the austerity terms of a bailout. Yanis Varoufakis, a self-proclaimed "erratic Marxist" economist who infuriated euro zone partners with his unconventional style and hectoring lectures, had campaigned for Sunday's sweeping 'No' vote, accusing Greece' creditors of "terrorism". With banks shuttered, cash machines running out of banknotes and sympathy for Athens among EU governments close to exhausted, Greece's fate is largely in the hands of the European Central Bank and of German Chancellor Angela Merkel.
Asian stocks mostly fell Monday after Greek voters rejected more austerity demands from creditors, fuelling fears the country will crash out of the eurozone, but the euro rallied after Finance Minister Yannis Varoufakis announced his shock resignation. European Commission president Jean-Claude Juncker was to speak to the European Central Bank (ECB) and eurozone finance ministers on Sunday and Monday.