This paper examines media discourse and emotions in discourse (pathos) during the week before the Greek Referendum of 2015. Drawing on the framework of Critical Discourse Analysis, we study the interrelation between macro-level (dominant) values and views, and the micro-level of media positioning, as retrieved from newspaper headlines. The headlines come from three Greek and two French newspapers of differing political, economic, and ideological standpoints. Focusing on the micro-level, we sketch an integrationist framework of analysis: We conduct a systemic functional analysis to scrutinize the transitivity structures of headlines, and an analysis of pathos in order to track constructed emotions. Among our main findings is that the newspapers, despite their different positionings and interests, converge on a dense discursive and emotional construction that favours the dominant values of a free market and the doctrine of austerity.