French PM Manuel Valls said a possible ''Grexit'' would have a massive negative impact over EU economies.
Eurozone leaders are expected to convene at an emergency summit on Tuesday to discuss the situation in Greece after Greek citizens rejected the proposals of creditors at the Sunday referendum.
The European Central Bank on Monday said it will keep its financial assistance to Greek banks unchanged, further tightening the screws on the Greek lenders.
Greek Prime Minister Alexis Tsipras has appointed Euclid Tsakalotos as Greece’s new finance minister following the resignation of Yanis Varoufakis, according to Greek media reports on Monday.
Euclid Tsakalotos is set to become Greece’s new finance minister following the resignation of Yanis Varoufakis, according to Greek media reports on Monday.
Russian President Vladimir Putin and Greek Prime Minister Alexis Tsipras have discussed the outcome of the bailout referendum held in Greece the day before, the Kremlin said on Monday.
Upon the recent news concerning the resignation of Greek Finance Minister Yanis Varoufakis, a number of EU leaders have stated their opinions.
In response to the Greek referendum, the Eurozone leaders have decided to discuss the stuation at an extraordinary meeting to be held Tuesday, the Bulgraian National Radio reported.
Partial results from Sunday’s referendum in Greece indicate voters have rejected the terms of a bailout-for-reforms deal proposed by the country’s international creditors.
Turnout in Sunday’s referendum in Greece was “over 50%,” well above the minimum threshold 40% needed to make the vote valid,Interior Minister Nikos Voutsis said on Sunday.
The ‘No’ vote appears to be leading in Greece’s bailout referendum by a small margin, according to final opinion polls released after voting ended on 7 p.m. on Sunday, newswires reported.
Russia’s Progress M-28M spacecraft carrying 2.
Greeks are determined to decide their own destiny in the bailout referendum, Prime Minister Alexis Tsipras said after voting in Athens on Sunday.
There are good prospects for Albania, Serbia and Bosnia and Herzegovina to join the European Union, German Chancellor Angela Merkel has said.
Ten million Greeks have been asked by their left-wing government to vote in Sunday’s referendum that poses the biggest challenge to the euro currency since its adoption.
The outcome of Sunday’s referendum in Greece on the bailout proposals made by the country’s international lenders is too close to call, opinion polls suggest.
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