Greek Prime Minister Alexis Tsipras has arrived in Brussels for an emergency eurozone summit two days after Greek voters overwhelmingly turned down the terms of an international bailout in a historic rejection of austerity. On Sunday, Greeks, by a 61-to-39-percent margin, voted against further budget cuts and tax hikes in exchange for a rescue package from European creditors. Tsipras is scrambling to present a new bailout proposal as Greek banks remain shut down. If Greek banks run out of money and the country has to print its own currency, it could mean a state leaving the euro for the first time since it was launched in 1999. Speaking ahead of today’s summit, European Commission President Jean-Claude Juncker said the ball is in Greece’s court.

Jean-Claude Juncker: “The ball lies in the court of the Greek government, and the Greek government must explain in Brussels today how it sees us extricating ourselves from this situation. The president of the European Commission and the European Commission are ready to do whatever necessary within a reasonable time frame to reach an agreement.”

We’ll spend the rest of the hour on the crisis in Greece, after headlines.