Euclid Tsakalotos has been named Greece's new finance minister, replacing outgoing Yanis Varoufakis.

Prime Minister Alexis Tsipras and Finance Minister Euclid Tsakalotos will go to Brussels to present to the lenders to Greece's new proposal for an agreement with the latter to consider three scenarios for the next day.

This morning, after last night's NO win, the minister of finance Yanis Varoufakis resigned.