Germany, France to hold crisis meetings over Greece on Monday

28th June 2015, Comments 0 comments

The leaders of France and Germany will hold crisis meetings with their respective ministers and party leaders on Monday over the crisis in Greece, their offices said.

Chancellor Angela Merkel will meet the heads of the German parliamentary groups and parties at 1.30pm (1130 GMT).

In France, the other half of the eurozone's power couple, President Francois Hollande will gather key ministers together early Monday for an emergency meeting.

Hollande will hold a "restricted cabinet" meeting in Paris at 9.00 am (0700 GMT), his Elysee Palace office said.

As months of tortuous negotiations have failed to produce an agreement on its bailout, Greece announced Sunday that Greek banks and the stock market will be closed on Monday.

Capital controls will also be introduced.

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© 2015 AFP

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