Greek voters turned down a bailout offer from European leaders on Sunday. Both before and after the votes were counted, Greeks were divided over how the outcome would affect the country's future.
Ben Zimmer, language columnist at The Wall Street Journal, explains the origin of the phrase "it's all Greek to me" — and shares a few variants from other languages.
The country's banks could hardly be in a more precarious position. The European Central Bank has stopped lending Greece money and a referendum Sunday could spell the country's exit from the eurozone.
Prime Minister Alexis Tsipras was elected on the promise of renegotiating the regimen of austerity imposed on Greece by its creditors. And Europe warned him it expected Greece to repay its debts.
Prime Minister Alexis Tsipras insisted a rejection of creditors' proposals for a bailout did not mean Greece would leave the eurozone. Greece officially missed a loan payment to the IMF.
The Greek government, as expected, didn't make the payment that was due Tuesday. It's asking its international creditors to provide more cash, while easing up on austerity demands.
A crowd-funding effort to get the $1.8 billion Greece needs to make a loan payment to the International Monetary Fund has so far raised $124,569. Donors get gifts ranging from salads to gift baskets.
This week, Greek will miss a $1.73 billion payment to the International Monetary Fund. The debt crisis has the potential to create financial, economic and geopolitical trouble for Americans.