Friday, February 20, 2015

Merkel, Hollande dismiss Grexit scenario

First entry: 20 February 2015
Merkel, Hollande dismiss Grexit scenario
French President Hollande and German Chancellor Merkel stressed that they both want Greece to remain in the eurozone.
Speaking at a press conference after their meeting in Paris the two leaders noted that there are no plans for a Grexit.
Hollande said that Paris and Berlin have a responsibility to ensure that the commitments undertaken by Greece will be fulfilled. At the same time he stressed that Greek people's vote in the recent elections should be respected.
Chancellor Merkel reiterated that the Greek request for an extension of its loan agreement needs "considerable improvement".
Greece has made considerable progress and we will make everything possible for this process to continue, she said.

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