European Commission respects Greece result statement

European Commission 'respects' Greece result: statement 05 July 2015, 23:32 CET — filed under: Greece, referendum, debt, Commission

(BRUSSELS) - The European Commission "respects" the result of the Greece bailout referendum, it said in a short statement on Sunday, after Greek voters overwhelmingly rejected terms offered by international creditors.

Commission president Jean-Claude Juncker will hold a teleconference on Monday morning with European Central Bank chief Mario Draghi and Jeroen Dijsselbloem, the head of the Eurogroup of eurozone finance ministers, the statement added.

Juncker will also be "consulting tonight and tomorrow with the democratically elected leaders of the other 18 eurozone members as well as with the heads of the EU institutions," it added.

"The European Commission takes note of and respects the result of the referendum in Greece," the statement said.

Juncker was a key broker during months of talks between Greece and its EU-IMF creditors, but hit out at Greek Prime Minister Alexis Tsipras after they broke down and said he felt "betrayed."

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