The daily ceiling of withdrawals from ATMs remains 60 euro.

Former Deputy Minister and head of the negotiations between Athens and the representatives of creditor institutions Efklidis Tsakalotos is the new Minister of Finance in Tsipras' government.

The image of the former Greek Minister of Finance is already being sold on a T-shirt on eBay for the modest sum of £7.26.

Although the majority of votes in the referendum supported the government of Tsipras and its position in negotiations with creditors, GRReporter readers cosnider the referendum as a mistake.

The latest political developments have revived the hopes of many Greeks that the government aims to agree with creditors. Others however argue that they are just another episode of the series of unsuccessful attempts that started five months ago.

He announced he was leaving his post in the same way in which he had announced that he had occupied it, with a message on his personal blog.