With the only thing that matters in the hours ahead, at least until China reopens and the Pandamonium [11]repeats, is the sheer chaos out of Greece which now literally changes the narrative by the minute, here is a convenient timeline of everything that has happened so far this morning starting with Varoufakis' unexpected resignation and going from there.
From Reuters, here are the latest headlines as they happened on Greece's debt crisis following its overwhelming rejection of a bailout offer from creditors (all times GMT):
- 1115 - The European Central Bank's Governing Council will discuss on Monday the provision of emergency funding to Greece's banks, two sources say.
- 1112 - Italian Prime Minister Matteo Renzi says euro zone meetings scheduled slated for Tuesday must resolve Greece's debt crisis once and for all.
- 1055 - Latest developments have not made it easier for the European Central Bank to change its stance on emergency funding it has granted to Greek banks, ECB Governing Council member Ewald Nowotny says.
- 1048 - French President Francois Hollande's office denies remarks from a Greek source that he has spoken by phone on Monday with Greek Prime Minister Tsipras.
- 1030 - Tsipras will speak by phone on Monday with Russian President Vladimir Putin, a Greek government official says.
- 1013 - Spain's Economy Minister Luis de Guindos says Greece should remain part of the euro zone and Madrid is open to negotiating a third bailout.
- 0948 - Germany's government spokesman says the door for negotiations with Greece is open, but conditions for such talks are not yet met.
- 0928 - Euro zone finance ministers say they expect to hear new proposals for credit from Greece when they meet on Tuesday.
- 0926 - The head of Germany's BDB banking association says the immediate consequences of any Greek default should be manageable for banks in other euro zone states.
- 0916 - Russia hopes Greece will quickly reach a compromise deal with creditors, and questions regarding financial help for Greece should be addressed to Athens, a Kremlin spokesman says.
- 0906 - Jeroen Dijsselbloem, head of the Eurogroup of finance ministers, says the ministers will meet on Tuesday at 1100.
- 0903 - The European Central Bank's Christian Noyer says the ECB cannot restructure the Greek debt it holds as that would amount to financing a government, which it is banned from doing.
- 0836 - European Commission's vice president for the euro, Valdis Dombrovskis, will give a news conference at 1000 on the impact of the Greek referendum.
- 0812 - U.S.-listed shares of National Bank of Greece are down 15 percent in pre-market trading.
- 0811 - Italy's top official for European Union affairs calls for Greece and its creditors to resume negotiations with an increased willingness to compromise.
- 0728 - Greece's chief negotiator in bailout talks, Euclid Tsakalotos, is the top candidate to be finance minister after the resignation of Yanis Varoufakis, a government official says.
As an extra bonus here is the office of Herr Schauble doing what it does best: pouring cold water on everything:
- GERMAN FINANCE MINISTRY SPOKESMAN SAYS A DEBT CUT FOR GREECE IS NOT ON THE AGENDA FOR US
- GERMAN GOVERNMENT SPOKESMAN SAYS RESPECTS RESULT OF GREEK REFERENDUM
- GERMAN GOVERNMENT SPOKESMAN SAYS DOOR FOR TALKS WITH GREEKS REMAINS OPEN
- GERMAN GOVERNMENT SPOKESMAN SAYS CONDITIONS FOR TALKS WITH GREECE ARE NOT YET MET, WAITING FOR PROPOSALS FROM GREEK SIDE
- GERMAN GOVERNMENT SPOKESMAN SAYS GREECE IS PART OF EURO ZONE, GOVERNMENT MUST ACT SO THAT THIS REMAINS THE CASE
- GERMAN GOVERNMENT SPOKESMAN, ASKED ABOUT VAROUFAKIS RESIGNATION, SAYS POSITIONS NOT PEOPLE ARE THE MOST IMPORTANT FOR GERMANY
- GERMAN FINANCE MINISTRY SPOKESMAN SAYS NO PLANS TO CHANGE GERMAN BUDGET PLANS NOW DUE TO GREEK SITUATION