Sapin: the ball is in Greece’s court

French Finance Minister Michel Sapin says it is up to Greece to come up with an offer after the vote, hours before German Chancellor Angela Merkel heads to Paris for an emergency meeting with the French president.

"The basis of a dialogue is on the table, but it's up to Greece to show us that it takes the dialogue seriously and that it knows it can stay in the euro and that there are decisions to make," Sapin told Europe 1 radio Monday. He said the referendum clearly showed strong support for the Greek prime minister, but beyond that its consequences were not immediately clear.

France had no desire to see Greece leave Europe but Sapin insisted that the bloc would not be destabilized if that happened. "It's Greece that is in difficulty. Europe is not in difficulty – Europe is facing a Greek difficulty."

[AP]