Greece's Prime Minister Alexis Tsipras claims his negotiating position in Brussels has been strengthened by the result of the referendum on reform. The EU has been split into two camps: for and against Grexit - Greece's departure from the Euro.

Merkel - along with the other European leaders - continues her search for a solution. But can she find one? Or has the Austerity Chancellor already failed?

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Faye Karaviti - is the Berlin Correspondent for the Athens News Agency, Real News Media Group and Greece’s Alpha TV. She says:
"Greece, Europe and Angela Merkel at their well-deserved make or break point."

Ursula Weidenfeld - is one of Germany's best-known economics journalists; she has served in senior editorial positions for many leading business publications. She says: "If a Grexit happens, the Chancellor's failure is the least problem. The biggest one is saving Greece from utter failure."

Alan Posener - German-British author and commentator for the daily newspaper DIE WELT. He says: "By bailing out Greece's creditors Merkel has made a Greek problem a European crisis. Failure is too good a word for that."