Tag: Greek

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Tsipras to present new Greek proposals to eurozone

Greek Premier Alexis Tsipras is to present proposals at a eurozone meeting on Tuesday aimed at restarting talks with creditors after voters rejected their earlier proposals. But German Chancellor Angela Merkel said Monday that the conditions for opening new negotiations with Greece "are not there yet". Following a meeting with French President Francois Hollande, she added that "precise proposals" from Greece would be welcome, adding that the "door remains open". Hollande said that "the door is open to negotiations" with Greece if Tsipras "makes serious and credible proposals" on resolving its debt crisis. Eurogroup finance ministers are holding an emergency meeting on the issue early afternoon Tuesday and Germany warned Monday morning that Berlin saw little scope for fresh negotiations wit...