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“Greece has not requested any aid, we are not considering such an issue”, the minister said.

About 10 hours ahead of the open of US markets, the CBT eMini Dow Jones Industrial Average futures were 1.1% weaker, while eMini Nasdaq 100 futures and futures for the S&P 500 were down 1.2% each. The Shanghai composite dropped 1.3% despite official efforts to shore up...

The 19 heads of state or government will be meeting on Tuesday to discuss the way forward following the “No” vote win in the Greek bailout referendum.

In a statement published on his personal blog on Monday, Varoufakis said he was stepping down to allow Greek Prime Minister Alexis Tsipras to reach a new deal with European creditors.

Greece has asked for a delay on the payment from the European Central Bank, but such delays are rarely granted, the analysts said.

No-one should be under any illusions. “And the situation today shows that these risks remain”. He added: “There is no easy way out”.

Greeks voted Sunday to decline a bailout offer from worldwide creditors, jeopardizing its place in the euro zone and casting further doubt on the country’s economic future.

Many Greeks were celebrating on Sunday night after the nation voted to reject the terms of a bailout offer from its worldwide creditors, which would have provided further loans to bolster the country’s flailing economy in exchange for additional austerity measures.

Saturday, June 27: Prime Minister Alexis Tsipras calls a referendum on whether or not to accept the terms of the latest round of bailout aid. His wife Dimitra distrusts both the Yes and the No campaigns and doesn’t plan to vote in Sunday’s momentous referendum.

Varoufakis also believes there is “100% chance of success” in negotiations with lenders after the Sunday referendum.

He said it would make sense for Greece’s creditors to compensate the country if a “yes” vote prevails by easing austerity, earmarking more developments funds and finding ways to alleviate the debt burden without necessarily resorting to write-offs.

The Greek finance minister Yanis Varoufakis has said he will resign if the Greek people vote “yes” in Sunday’s referendum.

Repeating his assault on European partners he accused of blackmailing and issuing ultimatums to Greece, the leftist leader called for calm.

A new video from the United Nations Refugee Agency (UNHCR) aims to clarify the scale of the migrant crisis in Europe, as the numbers of people traveling across the Mediterranean, from countries such as Syria, Afghanistan, Somalia, Eritrea, and Nigeria, continue to climb.