| Author (Corporate) | Eurogroup, European Council |
|---|---|
| Series Title | Meeting |
| Series Details | 07.07.15 |
| Publication Date | 07/07/2015 |
| Content Type | News |
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European Council President Donald Tusk convened a special Euro Summit on the 7 July 2015 at 18h to discuss the situation after the referendum held in Greece on the 5 July 2015 on whether to accept or reject the bailout terms of the international creditors (European Commission, European Central Bank and International Monetary Fund). The Euro Summit was preceded by a meeting of Eurozone finance ministers. At the end of the Euro Summit the following statement was read out by Donald Tusk: 1. We met tonight to discuss the serious situation in Greece. We noted that the euro area authorities stand ready to do whatever is necessary to ensure the financial stability of the euro area as a whole. 2. Following the Greek referendum, Prime Minister Tsipras committed to present a new request for a programme within the framework set by the ESM Treaty, including strict policy conditionality. 3. We agreed to urgently examine whether it is possible to establish a basis for finding an agreement that respects existing commitments and our common rules. 4. The Greek government will on Thursday 9 July at the latest set out in detail its proposals for a comprehensive and specific reform agenda for assessment by the three Institutions to be presented to the Euro Group. 5. The Heads of State or Government will meet on Sunday 12 July. Greek Prime Minister Alexis Tsipras joined the Presidents of the European Commission and European Council in a debate in the European Parliament on the outcome of the Summit on the 8 July 2015. |
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| Source Link | http://www.consilium.europa.eu/en/meetings/euro-summit/2015/07/07/ |
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| Subject Categories | Economic and Financial Affairs, Politics and International Relations |
| Countries / Regions | Europe, Greece |
