Germany's Gabriel - Greece needs to change position to stay in euro


  • World
  • Monday, 06 Jul 2015

Yanis Varoufakis (C) and Euclid Tsakalotos (L) arrive at Prime Minister Alexis Tsipras' office in Athens, Greece June 28, 2015. REUTERS/Marko Djurica

BERLIN (Reuters) - Greece must present a new offer that goes beyond its previous proposals if it wants to remain in the euro, German Economy Minister Sigmar Gabriel said on Monday, adding that Athens soon faced state insolvency.

Other European Union countries needed to prepare humanitarian aid for Greece, Gabriel said, but he stressed that the onus was on Athens to present credible proposals in order to remain in the currency union.

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