Europe News

Greece Latest: Aid talks in tatters as referendum looms

Christine Seib
Watch Berkshire
A man puts up posters with the word "No" in Greek in Athens, July 1, 2015.
Jean-Paul Pelissier | Reuters

We'll keep you updated on all the developments around the Greece debt talks, as Greek Prime Minister Alexis Tsipras lashes out at European Union leaders, just a day after writing them a conciliatory letter asking for a new bailout.

The country's lenders have now effectively cut off negotiations with Greece, with European Council President Donald Tusk saying that they will wait for the results of the Greek referendum on Sunday Meanwhile, the European Central Bank said it would keep its emergency funding for Greece at the current level, raising the prospect that Greek banks will run out of cash.

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