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Business News/ Photos / Greek default tragedy: All the protagonists

Greek default tragedy: All the protagonists

Greece lurched into an uncertain future in Europe's common currency after voters rejected demands by creditors for more austerity measures. In pictures, the main characters of the Greek default drama-

Prime minister Alexis Tsipras had gambled the future of his 5-month-old coalition government in an all-or-nothing game of brinkmanship with Greece’s creditors from other European countries that use the euro currency, the IMF and the European Central Bank.

1/10Prime minister Alexis Tsipras had gambled the future of his 5-month-old coalition government in an all-or-nothing game of brinkmanship with Greece’s creditors from other European countries that use the euro currency, the IMF and the European Central Bank.

Alexis Tsipras: Less than six months after he was voted into office on an anti-austerity agenda, Tsipras on Sunday persuaded Greeks again to support his aggressive stance against the European Union and the International Monetary Fund (IMF). Bloomberg

2/10Alexis Tsipras: Less than six months after he was voted into office on an anti-austerity agenda, Tsipras on Sunday persuaded Greeks again to support his aggressive stance against the European Union and the International Monetary Fund (IMF). Bloomberg

Yanis Varoufakis: The Greek finance minister, openly accused the country’s creditors of terrorism in an interview and resigned on Monday in the wake of the country’s resounding no vote rejecting the eurozone’s austerity terms. AFP

3/10Yanis Varoufakis: The Greek finance minister, openly accused the country’s creditors of terrorism in an interview and resigned on Monday in the wake of the country’s resounding no vote rejecting the eurozone’s austerity terms. AFP

Angela Merkel: Tsipras’ chief opponent was Merkel, long-standing leader of Germany, seen by some as a bastion of financial rectitude. One of Merkel’s main objectives was to get creditors and other institutions to take a united position. AFP

4/10Angela Merkel: Tsipras’ chief opponent was Merkel, long-standing leader of Germany, seen by some as a bastion of financial rectitude. One of Merkel’s main objectives was to get creditors and other institutions to take a united position. AFP

Wolfgang Schaeuble: Merkel and her combative finance minister did not believe Germany should pay any more for Greece’s economic mistakes. AFP

5/10Wolfgang Schaeuble: Merkel and her combative finance minister did not believe Germany should pay any more for Greece’s economic mistakes. AFP

Christine Lagarde: The tough talking IMF chief has had ideological objections to Greece’s current proposals, which rely mainly on tax increases to boost revenue rather than on spending cuts. Reuters

6/10Christine Lagarde: The tough talking IMF chief has had ideological objections to Greece’s current proposals, which rely mainly on tax increases to boost revenue rather than on spending cuts. Reuters

Francois Hollande: Angela Merkel and French president Francois Hollande have called an emergency European summit for Tuesday but also declared that the Greeks’ decision must “be respected”. AFP

7/10Francois Hollande: Angela Merkel and French president Francois Hollande have called an emergency European summit for Tuesday but also declared that the Greeks’ decision must “be respected”. AFP

Jean-Claude Juncker: According to European Commission chairman Juncker, the ‘no’ vote in Sunday’s referendum would dramatically weaken Greece’s position in debt negotiations. He however, declined to say whether creditors would re-open negotiations in that case. AFP

8/10Jean-Claude Juncker: According to European Commission chairman Juncker, the ‘no’ vote in Sunday’s referendum would dramatically weaken Greece’s position in debt negotiations. He however, declined to say whether creditors would re-open negotiations in that case. AFP

Mario Draghi: A popular vote to reject the terms of an EU-led bailout has trapped the European Central Bank president Draghi between the moral hazard of funding a system close to bankruptcy and the dramatic consequences of shutting it off. AFP

9/10Mario Draghi: A popular vote to reject the terms of an EU-led bailout has trapped the European Central Bank president Draghi between the moral hazard of funding a system close to bankruptcy and the dramatic consequences of shutting it off. AFP

Antonis Samaras: As the result of the referendum became clear, former Prime Minister Antonis Samaras, who had campaigned for a ‘Yes’ vote in the referendum, resigned as leader of the centre-right New Democracy party. Reuters

10/10Antonis Samaras: As the result of the referendum became clear, former Prime Minister Antonis Samaras, who had campaigned for a ‘Yes’ vote in the referendum, resigned as leader of the centre-right New Democracy party. Reuters

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