Tsipras says he will seek a new round of talks with creditors in which restructuring Greece’s $267 billion debt is on the table. German Chancellor Angela Merkel is meeting with French counterpart François Hollande, followed by a European Union summit on Tuesday. Although some leaders have called for moving forward, Germany’s deputy chancellor, Sigmar Gabriel, said Greece has “destroyed the last bridges across which Europe and Greece could have moved toward a compromise.” In a surprise move, Greek Finance Minister Yanis Varoufakis announced his resignation today, saying Greece’s creditors no longer want him involved in the talks. Varoufakis said, “I shall wear the creditors’ loathing with pride.”