There can be no such thing as a happy Grexit, writes Jean Pisani-Ferry.
Bundestag's approval comes as Athens is hit by first protests against Syriza for watering down its election promises.
The president of the European Central Bank was forced to defend his stance toward Greece during a debate in the European Parliament.
The European Central Bank is considering measures to force British companies managing trades in euros, rather than pound sterling, to relocate to eurozone countries. The UK has taken its objection to the plan to the EU’s highest court.
France given until 2017 to cut deficit below 3% of GDP, Italy and Belgium also spared sanctions.