Prime Minister Alexis Tsipras said German Chancellor Angela Merkel wants to find a solution for Greece, saying a default by the country would mark a failure for Europe.
Tsipras made comments in a late-night interview on Star TV on Monday, after months of talks made little progress in breaking the deadlock between Greece and its institutional creditors, raising the specter of a debt default and the country’s possible exit from the euro. “A Greek default and a rupture would be a failure for Europe, for Merkel and for Greece itself,” he said. “The German Chancellor is willing to find a solution for Greece.”
Any potential break with the European Union will be decided on by the Greek people, he said, adding, however, that he’s confident it won’t come to that and that a deal will be reached. The comments come against the backdrop of conciliatory moves by the Tsipras government, which on Monday reshuffled its bailout-negotiating team, reigning in Finance Minister Yanis Varoufakis. The Greek finance minister had drawn criticism from his euro-area counterparts on Friday for his handling of the country’s bailout negotiations.
Bloomberg
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