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Under pressure to do a deal: Alexis Tsipras. EPA/Jerry Lampen

Tsipras may have just done the best deal possible for Greece

Backed into a corner as the banks reached the brink, the Greek prime minister may have fashioned some sort of success, and the prospect of something approaching debt relief a little down the line.
Greek"No" supporters celebrate referendum results. REUTERS/Marko Djurica

What now for Greece and the euro?

The media predictions are dire, but the reality of the Greek monetary crisis may be less sensational.
Outgoing Greek Finance Minister Yanis Varoufakis said he would ‘wear the creditors’ loathing with pride’. Alexandros Vlachos/EPA/AAP

Varoufakis exit is not the game changer the EU needs

Ongoing negotiations between Greece and the troika are likely to prove futile - what's needed is a complete rethink of EU's dualistic system.

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