Impasse in Greek Bailout Talks Triggers Market Slump

French President Francois Hollande called on Greece on Monday to swiftly resume negotiations with bailout lenders after the failure of a round of talks over the weekend

Tourist walks past a discount shop which reads in Greek "thousand of products from one Euro" on Thursday, June 4, 2015. AP Photo/Petros Giannakouris

ATHENS, Greece—French President Francois Hollande called on Greece on Monday to swiftly resume negotiations with bailout lenders after the failure of a round of talks over the weekend unsettled markets around the world.

“Greece must not wait... there’s not a moment to lose,” Hollande said. He warned of the risk of “turbulence” in Europe if no deal is reached.

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