The White House has called the Greek government and European leaders to come to a compromise so that Greece remains a member of the Eurozone, while underlining how resolving the Greek crisis is towards the benefit of both Europe and the USA.

This was highlighted by comments made by White House spokesman Josh Ernest, who stated that despite the significant differences, all sides recognize the importance of Greece remaining a member of the Eurozone and noting the solution to this European challenge lies in Greece and its creditors.

Meanwhile US Secretary of Treasury Jack Lew contacted Prime Minister Alexis Tsipras and the newly-appointed Minister of Finances Euclid Tsakalotos on Monday, urging them to resume talks. According to a spokesperson for the US Treasury, Mr. Lew expressed his hope that Greece will carry out the difficult, yet necessary, fiscal and structural reforms that will promote growth and attempt to stabilize the debt within the Eurozone.