Greece: Germany, France Demand Precise New Greek Proposals

German Chancellor Angela Merkel (L) and French President François Hollande attend a joint statement after their meeting in Paris, France.
German Chancellor Angela Merkel (L) and French President François Hollande attend a joint statement after their meeting in Paris, France.

German Chancellor Angela Merkel (L) and French President François Hollande attend a joint statement after their meeting in Paris, France.

Eurozone leaders will hold an emergency summit in Brussels Tuesday to discuss the fallout from Greek voters defiant ‘No’ to further austerity measures, with the country’s Prime Minister Alexis Tsipras set to unveil new proposals for talks. Germany and France presented a united front, calling on Greek prime minister to make “precise” proposals in a bid to revive bailout talks. “The door is open to discussions,” said French President François Hollande after crisis talks in Paris with German Chancellor Angela Merkel. “It is now up to the government of Alexis Tsipras to make serious, credible proposals so that this willingness to stay in the eurozone can translate into a lasting programme,” Hollande said. For her part, Merkel said that the conditions for a new Greek rescue package have not yet been met. “And that is why we are now waiting for very precise proposals from the Greek prime minister, a programme that will allow Greece return to prosperity,” said Merkel, adding that eurozone countries had  already shown “a lot of solidarity with Greece.” Greece’s new finance minister Euclid Tsakalotos said Greece wants “to continue the discussion.” Late on Monday, a Greek government source said Tsipras had spoken to ECB chief Mario Draghi to stress that Greek banks, closed last week to prevent run on deposits, needed to open with assistance from the Frankfurt based lender. Tsipras also spoke to IMF chief Christine Lagarde “on the need to find a viable solution dealing with the real problems of the Greek economy,” the source said.

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Chukwunonso Azinge is a Public health parasitologist whose variety of intrests ranges from international news reportage, writing articles on current world issues and of course football. Follow me on Twitter @azingelfc and on Facebook- Nonso 'King Kenny' Azinge.

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