The lesson of the crisis was "never again to look away when a country doesn't keep the rules in Europe," said Sigmar Gabriel, vice chancellor of Germany.
Foreign travelers in Greece's island hot spots this week say little has changed since Sunday's referendum on a European bailout deal. For now.
"We must respect the vote of the Greek people, but we must also respect the other 18 member states," German Chancellor Angela Merkel said.
As eurozone leaders gather in Brussels for back-to-back meetings on the Greek crisis, hopes of an immediate breakthrough are far from certain.
French economist Thomas Piketty called Germany's hard-line stance hypocritical, pointing out that it had enjoyed massive debt relief after WWII.
Here's a look at how a possible Greece departure from the eurozone might unfold — and what could happen next.
Venezuelan President Nicolas Maduro hailed Prime Minister Alexis Tsipras for standing up to the International Monetary Fund.
By raising the "haircut" on the collateral Greek banks must hold, the European Central Bank effectively limited their solvency.
If the banks don’t open this week, “we will get by growing vegetables,” one man said.
Armed with a decisive referendum result rejecting austerity, Greece now enters a crucial negotiating week with one familiar face missing.
U.S. stocks remained largely unchanged Monday after Greeks overwhelmingly rejected austerity measures over the weekend.
The joint meeting between Merkel and Hollande took place at the Élysee Palace in Paris.
Hong Kong shares saw their biggest one-day fall in three years as concerns about the future of the European Union dominated the Hang Seng index.
Yanis Varoufakis stepped down a day after Greek voters rejected a new bailout deal. EU officials will meet Tuesday to discuss fresh proposals from Greece.
Some analysts said the moves appeared relatively minor, indicating there was no panic and investors remained focused on China's volatile markets.
"With the difficult circumstances prevailing today you made a very brave choice," Prime Minister Alexis Tsipras said.
"I'm fully aware the mandate you gave me is not one of a rupture with Europe but a mandate to strengthen our negotiating position to seek a viable solution."
The repercussions from the Greek decision could be widespread, particularly throughout Europe where the future of the euro could be called into question.
A "no" vote from Greek voters could lead to Greece's exit from the eurozone and a return to the drachma.
As Greeks vote in a referendum that will likely decide their future in the EU, bitter divisions are emerging among the electorate, with friends and even families at odds.
Polls indicate the vote centered on an international bailout is too close to call, as the prime minister calls on citizens to "send a message of democracy and dignity to the world."
Greek expatriates from New York to Brussels say the chaos and uncertainty in Greece made them think twice about returning home to vote in the referendum Sunday.
