The referendum is over, but our vision remains the same, said Josh Earnest, spokesman for the White House, saying that it was in the interest of both parties to find a solution that allows Greece to remain in the area euro.
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“This is a European challenge to solve”.
The comments come one day after Greek voters on Sunday rejected Europe’s austerity terms for another bailout, raising the likelihood the nation could exit the eurozone.
Notwithstanding the referendum result, Greece still required a packing of financing and reforms to return the country to a level of debt sustainability and a path to economic growth, he said.
They should do so “in a way that would allow Greece to remain part of the eurozone”, he said.
Greek Finance Minister Yanis Varoufakis resigned Monday in an effort to hasten a deal to restructure his country’s debt. “We would rather deal with corrupt but obedient leaders, than honest ones with ideas of sovereignty”, Greek publicist Alex Andreou says.
Italian Prime Minister, Matteo Renzi, left the summit in high spirits and was confident Greek Prime Minister, Alexis Tsipras, will produce a “credible, good plan”.
However, it seems that this fact does not bother the European Central Bank which has been “asphyxiating” the Greek economy “the ultimate blackmail to force subordination”, according to the publicist.
A Reuters poll of more than 70 economists published a week ago, just before Greece defaulted on a 1.6 billion euro payment to the global Monetary Fund, placed the median probability of Greece leaving the euro zone at 45 percent.
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Despite “political volatility” surrounding Greece’s situation, Earnest acknowledged there has been “limited spillover” to financial markets.
