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Eurogroup president Jeroen Dijsselbloem issues terse statement calling Greece's historic 'No' vote 'very regrettable for the future of Greece'

Myles Udland   

Eurogroup president Jeroen Dijsselbloem issues terse statement calling Greece's historic 'No' vote 'very regrettable for the future of Greece'
Stock Market1 min read

Eurogroup President Jeroen Dijsselbloem

Reuters/Eric Vidal

Jeroen Dijsselbloem.

Jeroen Dijsselbloem has issued a terse statement following Greece's historic and surprising "No" vote on whether to accept the latest bailout terms from its European creditors.

Dijsselbloem said:

I take note of the outcome of the Greek referendum. This result is very regrettable for the future of Greece. For recovery of the Greek economy, difficult measures and reforms are inevitable. We will now wait for the initiatives of the Greek authorities. The Eurogroup will discuss the state of play on Tuesday 7 July.

Dijsselbloem, who is the president of the Eurogroup, which consists of the eurozone's finance ministers, has been perhaps the biggest hard-liners throughout the Greek debt drama. And this vote did not go his way.

Following the news that Greece voted "No" on the bailout referendum, markets were selling off, Greek citizens were celebrating, and no one knows what happens next.

And for everything you need to know about the vote and the fallout, follow Business Insider's complete coverage here »

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