Germany doesn't want to talk to Greece
Sean Gallup/Getty Images
German Chancellor Angela Merkel's spokesperson says Germany won't negotiate with Greece until Prime Minister Alexis Tsipras and his ruling Syriza party come up with their own proposals.
Merkel is meeting with French President Francois Hollande Monday and there had been hopes that the pair would thrash out the bare bones of a deal that they could then take to Greece to at least reopen discussions.
But, according to the FT, Merkel's spokesperson Steffen Seibert said: "With regard to yesterday's decision by Greek citizens the pre-conditions for entering into negotiations over a new aid programme do not currently exist."
He said the door is still open but Germany is waiting to see "what proposals the Greek government places on the table."
Whether this means the Eurogroup - all of Greece's creditors - won't get round the table with Greece until they see a counter proposal isn't clear.
The Eurogroup is holding an emergency meeting Tuesday to discuss what to do after Greece's resounding "No" vote.
In response to Sunday's result Reuters reports that Eurogroup chief Jeroen Dijsselbloem told a press conference Monday: "It doesn't bring us closer to a solution right away. In fact, when proposals are rejected that only makes things more difficult."
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Foreign tourist arrivals in India will cross pre-pandemic level in 2024
- Upcoming smartphones launching in India in May 2024
- Markets rebound in early trade amid global rally, buying in ICICI Bank and Reliance
- Women in Leadership
- Rupee declines 5 paise to 83.43 against US dollar in early trade
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market