Merkel: no talks on new Greece bailout deal till after referendum

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The German Chancellor has said there’ll be no negotiations on a new Greek bailout deal until after the country’s referendum on Sunday.

But Angela Merkel told the Bundestag, the lower house of the German parliament, that the door for further talks remained open.

She has been under pressure to clarify the position of Athens’ biggest creditor, and was speaking after news broke of Greek Prime Minister Alexis Tsipras’ letter to creditors, apparently accepting many of their demands as Athens seeks a new deal to save its economy and stay in the eurozone.

“Europe’s future is not at stake”, Merkel said. “We can await the outcome of the referendum calmly because Europe is strong.”

“A good European is not a person who seeks a compromise at any price, a good European is someone who respects the European treaties and national laws and in this way makes sure the stability of the eurozone is not damaged,” she added.

Merkel’s stance seems to be backed by her Finance Minister Wolfgang Schäubl

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