Hollande, Obama To Work Together On Greek Crisis | Independent Newspapers Limited
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Hollande, Obama To Work Together On Greek Crisis

Posted: Jun 30, 2015 at 7:20 am   /   by   /   comments (0)

French President Francois Hollande and U.S. President Barack Obama agreed in a phone conversation on Monday to work together to help restart dialogue on a Greek aid-for-reforms package, an aide to Hollande said.

“They have agreed to pool their efforts to facilitate a resumption of the talks so as to find a solution to the crisis as soon as possible and ensure Greece’s financial stability,” the aide said.

Obama and German Chancellor Angela Merkel discussed Greece on Sunday, while U.S. Treasury Secretary Jack Lew talked with Greek Prime Minister Alexis Tsipras.

Meanwhile, The European Commission chief, Jean-Claude Juncker, on Monday said he feels “betrayed” by the “egotism” shown by Greece in failed debt talks.

He said Greek proposals were “delayed” or “deliberately altered” but added the door was still open to talks.

He said the talks were broken “unilaterally” by the announcement from the Greek Prime Minister Alexis Tsipras that he was calling a referendum for July 5.

The Greek government responded to Mr. Juncker’s comments by saying: “An essential element in indicating good faith and reliability in negotiations is sincerity.”

A critical deadline looms on Tuesday; when Greece is due to pay back €1.6bn to the International Monetary Fund – the same day the bailout expires. There are fears of a default and a possible exit from euro.

Global stock markets saw big falls on Monday after the weekend’s events which saw Greek banks close for a week.