European and Asian markets are unstable after Greece voted against demands from creditors which include more austerity measures, although many analysts have expressed relief that the impact wasn’t worse.
Markets across Europe were down this morningas the euro fell 0.4% against the dollar and 0.5% against the pound. In London, the FTSE 100 slipped 1% and Paris' CAC-40 index and Frankfurt's DAX opened down 2.1% and 1.9% respectively.
Meanwhile, Greece’s finance minister, Yanis Varoufakis, has stepped down.
The vote has brought a possible exit of Greece from the euro even closer and without more cash from the European Central Bank, Greece’s own banks are expected to run out of cash within days.
