Speed Reads

Grexit Watch

European leaders set to meet over Greece

Eurozone leaders gathered in Brussels on Tuesday to decide how to respond to a Greek referendum that overwhelmingly rejected austerity on Sunday. With the country's banks expected to run out of cash over the next few days, there are signs that the Greek government is preparing a more conciliatory bailout proposal. European leaders are reportedly divided, with Germany advocating a hardline approach to Greece's debt and France pushing for reconciliation. "The French government will do everything to keep Greece in the eurozone," French Prime Minister Manuel Valls said. Read more at The Washington Post.