Tsipras, Hollande Agree for Need to Implement July 12 Agreement

Tsipras, Hollande Agree for Need to Implement July 12 Agreement

Prime Minister Alexis Tsipras and French President Francois Hollande agreed on Thursday that the July 12 agreement must be implemented and that negotiations between Greece and its lenders can and should be completed soon after August 15, government sources said after a meeting of the two leaders in Egypt’s Ismailia, on the occasion of the inauguration of the extension to the Suez Canal on Thursday.  
According to the sources, the meeting was conducted “in a very friendly climate” with Tsipras and Hollande also discussing issues relating to the new fund which will handle state assets. They also discussed and agreed to do whatever necessary to allow the recovery of the Greek economy from the effects of the banking crisis.
The Greek premier also met with Egyptian President Abdel Fattah el-Sisi, with whom he discussed issues of economic cooperation between ports (Suez and Piraeus).  
They also decided to initiate in September meetings between officials to support Greek business activity in the Suez region. To this effect, the two leaders agreed to organize a tripartite meeting with Cuprus, while they also discussed delimitation of maritime zones.

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