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Germany Awaits Troika Report Before Deciding On Greece

Germany hasn’t decide on fresh aid for Greece until a review of the current rescue program from the European Commission, the European Central Bank and International Monetary Fund –known as the troika- is published, according to Dow Jones Newswires.
“We currently aren΄t in a phase where we can talk about a clear program with the support of the government”, Steffen Seibert, spokesman for Chancellor Angela Merkel, said at a regular press conference on Monday. “That yet has to be worked out”, he added, according to the news agency.
At the same press conference, German finance ministry spokesman Martin Kreienbaum stated that it is still unclear whether there will be a fresh rescue program for Greece, and under which conditions.
The German government expects the detailed report from the so-called troika on Wednesday, although that isn΄t absolutely certain either, Seibert said.
Asked whether Merkel supports calls by German Finance Minister Wolfgang Schaeuble for a participation of private lenders in further Greek rescue efforts, Seibert said the government continues to reject an “obligatory participation of private lenders”, Dow Jones Newswires reports.

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