Greek tensions weigh on markets; Varoufakis resigns
Traders were greeted with a sea of red on Monday after 61% of Greeks voted 'No' in a referendum asking them to accept a proposal from international creditors that would have included more austerity reforms.
A couple of emergency meetings are now in the works, including an ECB gathering to discuss emergency liquidity assistance and a meeting between Merkel and Hollande that will review the eurozone's response to the vote.
Meanwhile, Greek Finance Minister Yanis Varoufakis has indicated that he is stepping down from his post due to heavy pressure from Greece's European partners.
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