Greek default: What happens next? Will the referendum lead to a Grexit? What if Greeks vote "no"? All your questions answered

Emma Haslett
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Last night the inevitable happened and, despite attempts by the country's leaders to persuade the Eurozone to provide it with a third bailout package, Greece failed to stump up the €1.5bn (£1.1bn) it owed the International Monetary Fund (IMF).

On Sunday, the country will hold a referendum, asking its people whether they are prepared to accept wide-ranging fiscal and economic reform proposals by its creditors. Don't hold your breath: turkeys don't tend to vote for Christmas.

What does this mean for Greece? Will a default lead to it leaving the eurozone? Could the government resign? Here's everything that could happen next.

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