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The fresh dose of deflationary measures in Greece’s new €86bn (£63bn) bailout programme, agreed in July after Tsipras folded under pressure from creditors, will deepen a depression similar in its severity to those that afflicted Germany and the United States in the 1930s. The Greek economy has...

"Despite today’s impressive feat, tempered to some extent by the record low turnout, there is little for Tsipras to celebrate. Apart from having to form a new coalition that can withstand the rigours of implementing the third bailout, he has a list of challenging reforms to quickly carry out...

Voter turnout is currently projected at around 55%, which would be a record low

Greece's Prime Minister Alexis Tsipras has announced he is resigning and has called an early election.

But if not...

Here we go again.... Greece's Prime Minister Alexis Tsipras is set to call a snap election for 20 September, according to Greek media.

Draghi confirms, extremely casually, that the ECB has raised Greece’s emergency liquidity limits by €900m. That’s a small increase -- it won’t allow capital controls to be lifted. But it should stop the cash machines running out in the next few days.

Greece has now missed it's wensday deadline to implement the things agreed on Sunday. "Time for the vote? No, time for former deputy PM Evangelos Venizelos to speak -- and questioning whether correct processes are being followed. — M. Caruso-Cabrera (@MCaruso_Cabrera)July 15, 2015...

Greek protesters clash with police at anti-austerity march Greek anti-establishment protesters threw dozens of petrol bombs at police in front of parliament on Wednesday ahead of a key vote on a bailout deal, in some of the most serious violence in over two years. Police responded with tear...

The International Monetary Fund has warned that Greece will require far more generous debt relief than is currently on offer from its creditors, as MPs in Athens prepare for a crucial vote on Wednesday on a new bailout plan. An IMF report leaked to Reuters shows that Greece’s public debt is...

Indeed what is on the table as a deal highlights that: a) there is no long-term future for the Eurozone; b) the desire on the part of*Eurozonecreditor nations to completely destroy the Greek economy - it can certainly be asserted that this is indeed a worse deal than the 1919 Treaty of Versailles.

Greece is giving a firm Oxi to the two most controversial elements of the eurozone plan: Greek official: €zone’s plan for privatizing €50B of greek assets is “on another planet” for @atsipras & temporary #Grexit "100 percent No.”

Greek officials have just slammed the proposals on the table tonight, in a briefing with journalists. But while they were highly critical of chancellor Angela Merkel’s actions, European Central Bank president Mario Draghi was credited with being “very supportive”. But Draghi needs a political...

Syriza in shock over creditors' demands Over in Athens there is mounting angst that if Greece is pushed too far, political turbulence will almost certainly erupt. Our correspondent Helena Smith reports: While Greece’s fate was being debated in Brussels, in Athens the ruling radical left...

Official: Tsipras given "mental waterboarding" over reform plans Alexis Tsipras was given a very rough ride in his meeting with Tusk, Merkel and Hollande, our Europe editor Ian Traynor reports. Tsipras was told that Greece will either become an effective “ward” of the eurozone, by agreeing to...

"The leaked proposal also suggests Greece hands over €50bn of “valuable Greek assets” (Possibly the Greek Islands) over to eurozone authorities to be sold off over time! That would kick in if Greece cannot deliver “a significantly speeded up” privatisation programme. It would be a remarkable...

Proposal: Greece to be offered euro time-out if no deal The four-page proposal on the table tonight is now circulating in Brussels. It confirms that*Greece*could indeed by offered a ‘temporary’ exit from the eurozone if it doesn’t agree a deal with its creditors tonight. [In case no agreement...

Dombrovskis (EC vice-president): “Discussions were quite complicated so we hope for more progress today. I think it’s utterly unlikely the European Commission will get a mandate to start formal negotiations as regards a third programme or ESM programme today. But I think the Eurogroup can...

"Peter Kažimír, Slovakia’s finance minister, has ruled out a Greek deal today. It’s just not possible, he says, citing the lack of trust that the eurozone has in the Greek government."

"But the crisis runs deeper than that. Finland is refusing to back a third bailout, with eurosceptic coalition members threatening to bring the government down. And Germany has drawn up a paper suggesting Greece should temporarily leave the eurozone. It doesn’t exactly dispel the idea that...