Merkel, Hollande to Determine Europe Response to Greek ‘No’ Vote:
German Chancellor Angela Merkel will travel to Paris on Monday for talks with French President
Francois Hollande to map out the way forward for Greece after voters upended more than five years
of crisis-fighting by rejecting creditors’ terms for rescue aid.
The trip, announced Sunday shortly after polls closed in Greece, is “to jointly assess the situation
after the Greek referendum and to address the continuation of Franco-German close cooperation
in this matter,” the chancellery in Berlin and the Elysee in Paris said in separate e-mails.
The leaders of Europe’s two biggest economies will help shape the euro-area response to one of the
greatest challenges to face the common currency region after projections showed Greeks had said “No’
to the conditions set by creditors for aid. The European Central Bank’s Governing Council is also due
to talk on Monday with a decision pending on what to do about Greek lenders that are dependent on its
emergency credit.
More Reading Here:
German Chancellor Angela Merkel will travel to Paris on Monday for talks with French President
Francois Hollande to map out the way forward for Greece after voters upended more than five years
of crisis-fighting by rejecting creditors’ terms for rescue aid.
The trip, announced Sunday shortly after polls closed in Greece, is “to jointly assess the situation
after the Greek referendum and to address the continuation of Franco-German close cooperation
in this matter,” the chancellery in Berlin and the Elysee in Paris said in separate e-mails.
The leaders of Europe’s two biggest economies will help shape the euro-area response to one of the
greatest challenges to face the common currency region after projections showed Greeks had said “No’
to the conditions set by creditors for aid. The European Central Bank’s Governing Council is also due
to talk on Monday with a decision pending on what to do about Greek lenders that are dependent on its
emergency credit.
More Reading Here:
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