Back aid for Greece but Athens must reform: Spain PM

The Spanish premier added that the decision over Greece's future concerned not just Greece but the whole European Union

AFPPTI Madrid
Last Updated : Jul 07 2015 | 8:45 AM IST
Spain's conservative Prime Minister Mariano Rajoy said he backed aid for Greece but not without "responsibility" and reforms on Athens' part, a day after Greeks voted decisively against more austerity in a referendum.

"What matters is that Greece knows we are willing to help... But the key is that in exchange the reforms necessary for growth and job creation are carried out," Rajoy said in an interview with the Telecinco TV station. "Solidarity, yes, but that has to be accompanied by responsibility."

Read more from our special coverage on "GREECE CRISIS"



The Spanish premier added that the decision over Greece's future concerned not just Greece but the whole European Union, and urged his Greek counterpart Alexis Tsipras to "negotiate quickly" because the situation is one of "an impass for everyone".

Rajoy said he was in agreement with French President Francois Hollande and German Chancellor Angela Merkel over how to approach the crisis, adding that "the ball is in the Greek government's court" and insisting repeatedly on the need for reforms.

He declined to address the issue of possible debt relief for Greece, saying only that Athens had benefited from similar measures in the past.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 07 2015 | 2:13 AM IST

Next Story