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Dijsselbloem – Keeping Greece in euro zone still the objective

As European leaders scramble to set a course in the Greek debt crisis after the landslide referendum result, Tuesday is shaping up to be another busy day.

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But Eurogroup chief Dijsselbloem described Greece’s “No” vote as “very regrettable”.

He criticised Greece’s handling of the money by saying that “reforms were often delayed or implemented only partially, resulting in a prolonged recession, and more hard reforms to implement later”.

“We’ve expecting a clear suggestion of the Greek government where they want to go”, he added.

Dombrovskis said that the European Union executive “is ready to continue its work with Greece”, but it can not cannot negotiate a new programme for Greece “without the mandate from the Eurogroup”.

Tsipras said late on July 5 that Greeks had voted for a “Europe of solidarity and democracy”.

Meanwhile, the European Central Bank (ECB) is to discuss whether to raise its emergency cash support for Greek banks, which are running out of funds and on the verge of collapse.

A “yes” vote would have sent a positive signal to Europe, while the actual outcome further complicates the situation, the EF official said.

Yanis Varoufakis announced his surprise resignation from the finance minister’s post Monday, and he was replaced by Euclid Tsakalotos, who previously served as minister for worldwide economic affairs.

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He said he had been “made aware of a certain preference by some eurogroup participants, and assorted “partners”, for my…” “An idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. I have great friendships with previous Greek finance ministers”, he told reporters today. Both agreed the choice of the Greek people must be respected. “And I shall wear the creditors’ loathing with pride”. Greece “has the right to ask for a third rescue package”. “It is not about persons”, Dijsselbloem said, according to The Associated Press. Dijsselbloem believes that this is not because of the aid program.

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