US calls on Greece, EU to compromise
Photo: skynews.com.au
(VOVworld) - The White House urged Greece and EU leaders on Monday to find a compromise to keep Greece in the eurozone, after Greeks voted resoundingly to reject the austerity-based bailout. The White House spokesman Josh Earnest told the press that “This is a European challenge to solve.”
Meanwhile, US Treasury Secretary Jacob Lew spoke by telephone with Greek Prime Minister Alexis Tsipras and new Finance Minister Euclid Tsakalotos. He called for multiparty talks and a “constructive outcome that will allow Greece to make difficult but necessary fiscal and structural reforms, return to growth, and achieve debt sustainability within the eurozone”.
Earlier, President Barack Obama spoke by phone with French President Francois Hollande regarding keeping Greece in the eurozone. The two leaders agreed on the importance of finding a path forward that will allow Greece to resume reforms and return to growth and debt sustainability within the Eurozone.