German Chancellor Angela Merkel told Greece's Alexis Tsiprasit's time to back up his good intentions with the policy actionrequired to release aid.

During two hours of talks in Brussels that began late onWednesday and also included French President Francois Hollande,Tsipras said his government will work with “higher intensity” tofind a deal, a German government spokesman said in an e- mailedstatement. The discussions took place in a “constructiveatmosphere,” the spokesman said.

“The willingness is there to cooperate with the threeinstitutions, it's now a matter of acting on that,” Merkel toldreporters on Thursday. “There was absolute unity that Greece willcontinue to work emphatically and resolutely with the threeinstitutions in the coming days to clear up all open questions asfar as possible.”

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.