Italian PM Says Greek Bailout Talks Must Resume After Referendum Result
July 05 2015 - 9:16AM
Dow Jones News
By Giovanni Legorano
Italy's Prime Minister Matteo Renzi said it was "obvious" that
talks between Greece and its creditors will have to resume as of
Monday, immediately after the results of the country's bailout
referendum are known.
In an interview to the Rome newspaper Il Messaggero, Mr. Renzi
said that a country as important as Greece cannot "end up like
this," with people queuing for cash at bank's ATMs.
However, he warned that Greece cannot be saved unless it
implements a number of reforms to fix its crippled finances.
"It's impossible to save Greece without the commitment of the
Greek government: pension reforms, fighting tax evasion, the new
labor market all depend on them," he told Il Messaggero.
Write to Giovanni Legorano at Giovanni.Legorano@wsj.com