Europe Struggles Toward Solution as Tsipras Rips Into Creditors

Markets Rattled as Tsipras Rips Into Creditors

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European decision makers were at a loss over Greece’s fate as Prime Minister Alexis Tsipras hurled insults at its creditors while Germany’s Angela Merkel kept her cool.

Wading in from a increasingly concerned U.S. was Treasury Secretary Jacob J. Lew, who got on the phone with Tsipras to tell him to get serious about reaching a compromiseBloomberg Terminal. This was after Tsipras went on a tirade against the International Monetary Fund and the European Central Bank. In Berlin, Merkel refused to take Tsipras’s bait, saying that she would do everything possible to keep Greece in the euro.