Grexit? The endgame

Should they stay or should they go? On Sunday (5 July), Greece held a referendum on the terms of a bailout package put forward by the European Commission, the European Central Bank and the Internatonal Monetary Fund (IMF). EURACTIV reports, in real time.

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Greek 'No' vote backs Angela Merkel into a tight corner

The resounding "No" uttered by the Greeks on Sunday offers yet more proof of their rejection of the vicious cycle of austerity. Angela Merkel now finds herself trapped between the will of the Greek people and the inflexibility of her finance minister. La Tribune reports.