Dijsselbloem: After Greek 'no' Vote, Difficult To Reach Debt Deal

By MarketWatch Pulse

Eurozone finance ministers are still waiting for Greece to make the next move on resolving its debt situation, Eurogroup president Jeroen Dijsselbloem said on Tuesday. The Eurogroup ministers are holding an emergency meeting Tuesday, less than 48 hours after Greek voters resoundingly rejected bailout terms presented by creditors. "The 'no' basically means that the old proposals have been rejected by the Greek people. We have to take it from there and it's going to be very difficult, but we will await new proposals from the Greek government," he said, as he arrived for meeting in Brussels. "Hopefully, they'll have them today and we can see whether they are credible and whether that could be a way out," he added. Dijsselbloem underscored that the group is prepared to "do whatever it takes" to keep the currency union together. The meeting of eurozone finance ministers comes ahead of a leaders' summit in Brussels on Tuesday evening.

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