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Greeks vote 'No' - What now? LIVE REPORT

People celebrate in Athens on July 5, 2015 after the exit-polls of the Greek referendum showed over 60% of Greeks rejected further austerity dictated by the country's EU-IMF creditors in a referendumAthens (AFP) - 08:52 GMT - All eyes on ECB - All eyes were on the European Central Bank following the resounding 'No' in the Greek referendum, with the ECB seen as the only institution capable of calming market panic and preventing the Greek economy from collapsing. For the Frankfurt-based ECB, a break-up of the eurozone would be the worst possible scenario and it has pulled out all the stops so far in a bid to prevent it. - Media reports are focusing on Euclid Tsakalotos, an Oxford-educated economist and current Greek economic relations minister, as a possible replacement for Varoufakis.



The Latest: Finland's Stubb says 'ball in Greece's court'

Greece's Prime Minister Alexis Tsipras arrives to meet Greek President Prokopis Pavlopoulos after the results of the referendum at the Presidential Palace in Athens, early Monday, July 6, 2015. Voters in Greece resoundingly rejected creditors' demands for more austerity in return for rescue loans Sunday, backing Prime Minister Alexis Tsipras, who insisted the vote would give him a stronger hand to reach a better deal. (AP Photo/Thanassis Stavrakis)ATHENS, Greece (AP) — The latest on the bailout referendum in Greece (all times local):



Asia markets slip on Greece vote, Shanghai volatile

'No' supporters celebrate their victory outside the parliament in Athens on July 5, 2015Despite growing concerns about Athens' place in the eurozone, the single currency rallied after Greece's combative Finance Minister Yannis Varoufakis announced his shock resignation just hours after winning Sunday's referendum. Hong Kong plunged 3.18 percent, or 827.83 points, to 25,236.28 -- wiping out a 0.70 percent rise in the opening minutes that came on the coat-tails of the mainland gains.



Most markets drop after Greek results, but China rises

A woman looks at an electronic stock indicator of a securities firm in Tokyo, Monday, July 6, 2015.Greece's foray into the unknown with its rejection of terms set by its international creditors is jolting markets as investors react to looming uncertainties. (AP Photo/Shizuo Kambayashi)TOKYO (AP) — Shares tumbled Monday after Greece's voters vehemently rejected conditions set by the country's international creditors, deepening doubts over its future in the 19-nation eurozone.



Italy says Greece, EU must re-start talks, be ready to compromise

ROME (Reuters) - Italy's top official for European Union affairs called on Monday for Greece and its creditors to resume negotiations with an increased willingness to compromise following the referendum in which Greeks rejected the lenders' most recent proposal.


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