Eurozone ministers are to hold a conference call this morning to consider Greece's request for a new 2-year bailout from the EU.
It follows Greece's default on a €1.6 billion repayment to the IMF.
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The country's banks remain closed as the country waits for Sunday's referendum.
German Chancellor Angela Merkel says talks on a new deal for Greece can't happen until after the vote.
Without an agreement, Greece looks set to default on its loans to Europe, forcing it out of the euro.