Germany: No basis now for new debt talks with Greece
German Chancellor Angela Merkel
Berlin - Arab Today
Germany said Monday that there was currently "no basis" for talks with Greece on a new bailout package or debt relief, following a resounding 'No' in a referendum on creditors' proposals.
"In light of yesterday's decision by Greek citizens, there is no basis to enter into negotiations on a new aid programme," German Chancellor Angela Merkel's spokesman Steffen Seibert said.
Regarding requests by Athens to restructure its debt, finance ministry spokesman Martin Jaeger said: "I can see no reason to enter into discussions."
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