Summary

  • Banks to reopen on Monday, Greek government confirms

  • Eurogroup says to begin talks on a three-year bailout of Greece

  • European Central Bank expands, slightly, its emergency support for the Greek banking system.

  • The eurozone has offered seven billion euros to Greece in the form of a "bridging loan."

  • All times BST (GMT+1)

  1. Emergency Liquidity Assistance raised:published at 13:54 British Summer Time 16 July 2015

    The ECB puts it more succinctly:

  2. Why Greek deal won't workpublished at 12:52

    Alex White is regional director for Europe at the Economist Intelligence Unit. He tweets:  

  3. Greek snap election later this year?published at 11:56

    Macropolis researches the economics and politics of Greece. It tweets:

  4. 'Greeks need no help rioting'published at 11:19

     Omaira Gill is a freelance journalist in Athens. She tweets:   

  5. Hard work 'to come' says Slovak Fin Minpublished at 10:01 British Summer Time 16 July 2015

    Slovak Finance Minister Peter Kazimir says that he welcomes the Greek parliament's approval of reforms but said the more difficult part of the deal to keep Greece in the eurozone is still ahead. 

  6. Mardell: 'Calls for closer political union'published at 07:27 British Summer Time 16 July 2015

    Mark Mardell is presenter of the BBC's The World This Weekend. He blogs.

    Quote Message

    Germany has decided, for the moment, that it wants the eurozone to remain intact. If this holds, it will inevitably lead to calls for closer political union to manage the currency in lines with German interests - the former Belgium Prime Minister Guy Verhofstadt has told me the 19 countries need a single treasury and central taxation otherwise they might as well abandon the euro. There is a logic here - but it pulls counter to the mood of the times.

    You can read more from Mark's blog here.

  7. Will Greek reforms be implemented?published at 06:33

    Hugo Dixon founder of BreakingViews tweets:

  8. Germany key to next stage of Greece crisispublished at 06:23

    Holger Zschäpitz is a senior editor on the financial desk at Die Welt newspaper. He tweets:

  9. 'Surreal but swift process'published at 06:15

    Writer Diane Shugart tweets: