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From the BBC rolling coverage, for those of you who can't access the BBC Live webpage
1911: Reuters has published an analysis piece which says the impact of Mr Papandreou's announcement should not be underestimated. "Any hope of a year-end rally or even stabilisation of world markets have now been doused", Michael Dolan writes. He cites Paul Mortimer-Lee, from BNP Paribas, who says: "Try as we might, there is nothing good to be said about this decision as it affects markets and growth over the balance of this year".
1901: Still no word from Athens, more than two hours after PM George Papandreou went into a cabinet meeting to discuss the crisis. His decision - announced on Monday night - to call a referendum on last week's EU aid package shocked European leaders and led to calls for his resignation in Athens.
1852: "One of the misleading paths would be to assume that someone else will bail you out. Europe has to solve its own problems. The United States has to solve its own problems, and Japan has to solve its problems," Mr Zoellick said, AP reports.
1850: The president of the World Bank, Robert Zoellick, has called Greece's proposed referendum a "roll of the dice" that will heighten uncertainty in financial markets. "The world economy is still wobbly... and it could dip very quickly if momentum is not maintained and built upon," Mr Zoellick said.
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