No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessAfter Greece's apparent 'No' to bailout terms, Germany and France call for...

After Greece’s apparent ‘No’ to bailout terms, Germany and France call for a eurozone summit on Greece

BERLIN, Germany — German Chancellor Angela Merkel discussed the outcome of Greece’s referendum with French President Francois Hollande in a telephone call Sunday evening, with both agreeing the ‘No’ vote must be respected, a German government spokesman said.

“Both were in agreement that the vote by the Greek people be respected. The chancellor and the president are in favor of calling for a summit of eurozone heads of state and government heads on Tuesday,” the spokesman said.

The two leaders had sent a corresponding request to the president of the European Council, Donald Tusk, according to sources in the French presidency.

There are no explicit provisions in EU rules for summits of eurozone leaders, but they can be held in exceptional circumstances. The last such summit was held in Brussels last month.

During the evening, Hollande spoke separately by telephone with Merkel, Greek Prime Minister Alexis Tsipras, EU Commission president Jean-Claude Juncker, European Parliament head Martin Schulz and Tusk, the French sources said.

Official results from close to 90 of Greece’s polling stations showed more than 61 percent of Greeks had voted ‘No’ to creditor demands for further austerity in return for further bailout funds.

Trending Now

Pesticide Runoff Is Quietly Draining Costa Rica’s Caribbean Tourism Economy

Decades of banana and pineapple chemistry have left a documented trail through Limón's rivers. The cost lands on the reefs, fisheries and certifications the Caribbean coast needs to compete.

Costa Rica Offers Panama Two-Part Plan to End Trade Block

Costa Rica has presented Panama with a two-part proposal aimed at ending a seven-year agricultural trade dispute that has blocked meat, dairy products, fruit...

Costa Rica Approves New Rules for Nighttime Ambulance Flights

Costa Rica has approved a national protocol governing nighttime air ambulance flights, closing out roughly ten months of uncertainty that began when Civil Aviation...

Costa Rica Proposes Major Overhaul of Courts and State Oversight

Lawmakers from Costa Rica's governing party filed a package of constitutional reform bills on Tuesday that would end the Comptroller General's power to block...

Is Costa Rica Losing Its Tourism Edge in Central America?

Imagine that the seven nations of Central America are participants in a race. The race has no finish line. Instead it's an ongoing competition...

Costa Rica President Declares Security and Intelligence Information a ‘State Secret’

President Laura Fernández has placed a broad range of Costa Rican security and intelligence information under a “State Secret” designation, restricting public access to...

Forbes Highlights Costa Rica Oxcart Painting Experience

A hands-on workshop that allows visitors to create their own version of Costa Rica’s traditional painted oxcart designs has earned international attention as travelers...

Costa Rica Races to Preserve Its Indigenous Languages

Several of Costa Rica’s Indigenous languages are at risk of disappearing as the number of fluent speakers declines and younger generations increasingly grow up...

Costa Rica Runs Its National Evacuation Drill Wednesday

Costa Rica holds its eighth national evacuation drill Wednesday at 10 a.m. Here's what happens, how to take part, and what to prepare first.
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel