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Journalist Tim Marshall, who was foreign affairs editor of Sky News until recently, says Greece will probably "stagger on" this week, but the situation is grim.

Speaking to Jo Coburn, he said: "You saw people dancing in the fountains last night, but they made a desert and called it a victory, because there is nothing positive for Greece. In this game of poker, Greece has the weakest hand."

He added that the current right-wing governments of Spain and Portugal will side with Germany - and that "the glue" of the EU project is the EU itself, not the euro.

But he says "the enemies are gathering" in the form of Euro-sceptic parties such as UKIP here and Podemos in Spain.