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Germany rejects Greek proposal as 'no substantial solution'

Published: 19 Feb 2015 - 03:51 pm | Last Updated: 16 Jan 2022 - 09:31 pm

 

 

Berlin---Germany on Thursday rejected a request by Greece to its European partners for a six-month extension to its EU loan programme, saying it was "not a substantial proposal for a solution".
"The letter from Athens is not a substantial proposal for a solution," said a spokesman for German Finance Minister Wolfgang Schaeuble in a short statement.
"In truth it aims at bridge financing, without meeting the requirements of the programme. The letter does not meet the criteria agreed upon in the Eurogroup on Monday."

AFP