Greek debt crisis: Varoufakis's best moments

Greece's flamboyant finance minister Yanis Varoufakis had pledged before yesterday's referendum to stand down if Greeks voted 'Yes' to the bailout conditions being imposed by the country's creditors, saying he would "prefer to cut off my own arm" than enact them.

But any Greeks hoping the resounding 'No' vote would save the self-declared "erratic Marxist" were to be disappointed when he resigned this morning. Varoufakis acknowledged that his relations with some figures in the Eurogroup had deteriorated to the extent that they had become a block to further negotiations essential for the future of the Greek economy.

The master of the untucked shirt, former economics lecturer Varoufakis became the toast of the European media soon after his appointment as minister due to his combative style, sharp wit and habit of speeding away from meetings on his motorbike, providing some much-needed spice to the past few months of economic wrangling. Here are some of his most notable escapades.

October 2013: Varoufakis delivers a lecture at the University of Western Sydney, in which he gives a preview of his negotiating style, describing the position of the European elite. "A clueless political personnel, in denial of the systemic nature of the crisis, is pursuing policies akin to carpet-bombing the economy of proud European nations in order to save them," was one memorable passage.

January 2015: Following Syriza's election victory, the newly installed Varoufakis gives a fantastically awkward press conference alongside the polar opposite head of the eurozone finance ministers, Jeroen Dijsselbloem. In Varoufakis's closing remarks he calls the Troika of the IMF, ECB and European Commission a "flimsily-constructed committee" with which "we have no aim to cooperate". After an incredibly awkward handshake, the visibly riled Djisselbloem storms out.

February 2015: German satirical magazine Neo Magazin Royale releases a video featuring Varoufakis as a baby-eating, motorbike-licking demon.

March 2015: In a sign of deteriorated relations, Greece demands an apology from Germany over what it said were offensive remarks by German finance minister Wolfgang Schauble about Varoufakis. Schauble described the allegation as "nonsense" and Greece withdrew the complaint. Varoufakis shot back in an interview on Greek TV: "[Schauble] has told me I have lost the trust of the German government, I have told him that I never had it. I have the trust of the Greek people."

Varoufakis and his wife, artist Danae Stratou, submit to a photoshoot in glossy French magazine, Paris Match, posing in their Acropolis-view apartment in Athens. A rumour later circulates that Stratou was the inspiration for Pulp's 1995 hit Common People, as she attended St Martin's College in London at roughly the same time as Jarvis Cocker.

Mr & Mrs Varoufakis lifestyle photo op for @ParisMatch. White wine socialism under the Acropolis. pic.twitter.com/8q6lkMeYfk

— Yannis Koutsomitis (@YanniKouts) March 12, 2015

A 2013 video clip of Varoufakis speaking in Croatia and apparently putting up his middle finger to Germany causes a storm after it's broadcast on German television, days before the latest round of talks. Varoufakis denies he made the gesture, and there are conflicting claims about the video being falsified. The finance minister later posts a video of the full talk on Twitter, in which he is still seen to give the offending gesture whilst saying: "My proposal was that Greece should simply announce that it is defaulting ... and stick the finger to Germany and say 'You can now solve this problem by yourself'."

May 2015: After a tumultuous few months, Varoufakis denies that he is to resign after being seemingly sidelined by Prime Minister Alexis Tsipras, calling rumours to that effect "grossly premature". Pressed, he quoted John Maynard Keynes, tweeting: "In the long run we are all dead".

July 2015: Three days before the referendum, Varoufakis is asked if he thinks German Chancellor Angela Merkel is attempting to effect regime change in Greece by taking a hard-line stance on the bailout conditions. Quoting from the BBC series House of Cards, he replies: "You may very well think that, I couldn't possibly comment."

Giving a press conference while dressed in a T-shirt on the night of the referendum, with early results indicating a victory for 'No', Varoufakis denounces Greece's European creditors as "terrorists". It's unknown whether the decision for him to stand down had already been taken.

Announcing his resignation via a post on his blog, Varoufakis acknowledges "a certain preference by some Eurogroup participants, and assorted 'partners', for my... 'absence'", and signs off by declaring: "I shall wear the creditors' loathing with pride."