- 5 updates
The German Chancellor Angela Merkel made it clear that she expects Greece to stick to the austerity measures outlined in the terms of its bailout today.
Speaking before a dinner meeting with France's President Hollande, she said: "We will, and I will, encourage Greece to continue on its path to reform".
She added: "We want ... Greece to be in the euro zone, it's a desire we have expressed since the start of the crisis. It's up to the Greeks to make the effort that is essential for that goal to be met."
Greek President Antonis Samaras will visit Berlin and Paris this week in the hope of persuading Europe's big powers that Greece deserves more time to deliver on its commitments.
Downing Street have released a statement on the phone call conversations Prime Minister David Cameron has had with French President Francois Hollande and US President Barack Obama this evening.
Greek prime minister Antonis Samaras is due to meet with eurozone finance chief Jean-Claude Juncker today to ask for more time for his country to pay back their various loans.
Early responses from other single currency nations do not look very promising. Dutch finance minister Jan Kees de Jager said:
Greek prime minister Antonis Samaras has made an appeal to his European counterparts for more time to meet his country's debt obligations. In an interview with Germany's Bild newspaper he said:
"Let me be very explicit: we demand no additional money. We stand by our commitments and by fulfilling all our requirements. We have to crank up growth because that decreases the financial gaps."
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Spare a thought for the European leaders returning to work to find their country's finances are worse than before. The crisis rolls on.