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Greece debt crisis live: Varoufakis in shock resignation after Greeks reject EU bailout offer | Greece debt crisis live: Varoufakis in shock resignation after Greeks reject EU bailout offer |
(35 minutes later) | |
Here are the latest updates: | Here are the latest updates: |
Please allow a moment for the liveblog to load... | Please allow a moment for the liveblog to load... |
An emergency summit could be held in Brussels this week following the victory of the Greek government on Sunday night when the country voted against austerity. | An emergency summit could be held in Brussels this week following the victory of the Greek government on Sunday night when the country voted against austerity. |
The final results of the Greek vote showed 61.3 per cent had voted No against the 38.7 per cent who voted Yes. | The final results of the Greek vote showed 61.3 per cent had voted No against the 38.7 per cent who voted Yes. |
“The Greek people today gave an answer to what [kind of Europe] we want. What we want is a Europe of solidarity,” Greek leader Alexis Tsipras said. | “The Greek people today gave an answer to what [kind of Europe] we want. What we want is a Europe of solidarity,” Greek leader Alexis Tsipras said. |
But despite the victory of the Syriz party, Greece still may be cut off by the EU, which would force it to start printing its own currency once more once. | But despite the victory of the Syriz party, Greece still may be cut off by the EU, which would force it to start printing its own currency once more once. |
A surprise casualty of the referendum has been Greece’s finance minister, Yanis Varoufakis, who quit despite the country voting against austerity. | A surprise casualty of the referendum has been Greece’s finance minister, Yanis Varoufakis, who quit despite the country voting against austerity. |
German Chancellor Angela Merkel and French President Francois Hollande are expected to meet on Monday night as the result of the vote threatens the biggest crisis in the EU’s history. | German Chancellor Angela Merkel and French President Francois Hollande are expected to meet on Monday night as the result of the vote threatens the biggest crisis in the EU’s history. |