The Greek parliament is discussing the referendum law and voting is due for 21:00 GMT, 24 hours before markets open. Euro zone finance ministers gathered in Brussels express their worries about the dramatic referendum announcement, and they criticize the timing of the event now dubbed “Greferendum”. Also the head of the IMF Christine Lagarde says that “we will continue to work” but looks extremely serious according to reports.

Chief Dijesselbloem said it is a sad day for Greece and that it closes doors.

Read the rest of the article Greferendum: Eurogroup shocked, bailout extension unlikely as Greek parliament debate rages