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Hollande calls for dialogue to fix Greek debt crisis

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IANS Paris
Last Updated : Feb 04 2015 | 10:55 PM IST

French President Francois Hollande Wednesday called for a transparent and serene dialogue over the Greek debt crisis, and also for the respect of European Union financial rules.

"A dialogue should take place in transparency and serenity. It should be strengthened to lead to an agreement," Hollande said.

The French head of state also stressed that Europe should work more to further cement solidarity via pro-growth measures which could help the bloc to boost economic activities and tackle unemployment headache.

"Austerity as the only perspective and reality wasn't tolerable anymore," Xinhua news agency quoted Hollande as saying at a joint press meeting with Greek Prime Minister Alexis Tsipras.

As the leftist Greek rulers are seeking support for a new debt accord, Hollande stressed the eurozone's rules applied to everyone.

"There is respect for European rules, which are imposed on everyone, to France as well, and it's not always simple. And then there is respect for commitments that have been made," he told reporters at the Elysee Palace.

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Tsipras said "we are not a threat to Europe".

"Political change can present an opportunity for it," he stated.

"We need a new agreement which will pave the way for a return to growth and boost employment. And France has to play a leading role of guarantor for a policy change in Europe," the Greek prime minister added.

Greek debt exceeds 320 billion euros ($365 billion), 175 percent of its gross domestic product.

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First Published: Feb 04 2015 | 10:46 PM IST

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