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No basis now for new debt talks with Greece: Germany

EU flag flying over the German parliament is reflected on a building in Berlin, on July 6, 2015Germany maintained a hard line Monday after Greece rejected creditors’ austerity demands in a referendum, with Berlin saying there was currently “no basis” for talks on a new bailout package or debt relief. “In light of yesterday’s decision by Greek citizens, there is no basis to enter into negotiations on a new aid programme,” German Chancellor Angela Merkel’s spokesman Steffen Seibert said. At a press briefing dominated by the Greece crisis, Seibert insisted that the ball was in Athens’ court if it wanted to stay in the eurozone.

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