The door to a deal on its debt crisis remains open if the Greek government comes up with "serious, credible" proposals at an emergency eurozone summit tomorrow, the German and French leaders said.

THE HAGUE (Reuters) - The door remains open for negotiations with Greece even after talks with creditors collapsed over the weekend, Eurogroup chairman Jeroen Dijsselbloem said on Monday.

"This is a sad decision for Greece because it has closed the door on further talks ... We will hear from the Greek (finance) minister today in our meeting and then talk about future consequences." ...

It does not necessarily reflect the view of The Herald. The door to a deal on its debt crisis remains open if the Greek government comes up with "serious, credible" proposals at an emergency ...

The door remains open for Greece despite the breakdown of bailout talks over the weekend, Eurogroup head Jeroen Dijsselbloem says, adding that it is still "conceivable" to avoid a Grexit.