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Wednesday, July 8, 2015

READOUTS: PRESIDENT OBAMA'S CALLS REGARDING GREEK DEBT CRISIS

FROM:  THE WHITE HOUSE 

Readout of the President’s Call with Prime Minister Tsipras of Greece

President Obama spoke this morning with Prime Minister Tsipras of Greece.  The President received an update from Prime Minister Tsipras on his ideas for a path forward between Greece and its creditors.  The President reiterated that it is in everyone’s interest that Greece and its creditors reach a mutually-acceptable agreement.

Readout of the President’s Call with Chancellor Angela Merkel of Germany

The President and German Chancellor Angela Merkel spoke by phone this morning about Greece.  The leaders agreed it is in everyone’s interest to reach a durable agreement that will allow Greece to resume reforms, return to growth, and achieve debt sustainability within the Eurozone.  The leaders noted that their economic teams are monitoring the situation in Greece and remain in close contact.