10 Jul 2015
Greek proposals "serious and credible" – French President Hollande
FXStreet (Mumbai) - As reported by Reuters, French President Francois Hollande said the latest proposals for reforms by the Greek government were "serious and credible", and said talks between Greece and international creditors must now resume with the aim of reaching a deal.
Hollande noted that Greek Prime Minister Alexis Tsipras' decision to put the proposed reforms to the Greek parliament showed "strength, commitment and indeed courage".
"The Greeks have just shown their determination to remain in the euro zone, since the programme they are putting forward is serious and credible."
France aims to "do everything to get a good deal, a deal that respects European rules and respects the Greeks, too, because they have suffered a great deal for several years, and at the same time they have to understand that reforms are essential," Hollande added.
Hollande noted that Greek Prime Minister Alexis Tsipras' decision to put the proposed reforms to the Greek parliament showed "strength, commitment and indeed courage".
"The Greeks have just shown their determination to remain in the euro zone, since the programme they are putting forward is serious and credible."
France aims to "do everything to get a good deal, a deal that respects European rules and respects the Greeks, too, because they have suffered a great deal for several years, and at the same time they have to understand that reforms are essential," Hollande added.