Readout of President's call with President Hollande of France

President Obama spoke this afternoon with President Hollande of France regarding developments in Greece. The two leaders agreed on the importance of finding a path forward that will allow Greece to resume reforms and return to growth and debt sustainability within the Eurozone, recognizing that this will require difficult compromises from all sides. The leaders noted that their economic teams continue to be in close contact and are monitoring the situation in Greece and in global markets.