Chancellor Angela Merkel poured cold water on a push by Greece’s new government to end its bailout and strike a new financing deal with its creditors, saying the current programme was “the basis of any discussions that we have”.
Ms Merkel, speaking in Washington, also said that what “counts” is the proposal “that Greece puts on the table” at an emergency meeting of eurozone finance ministers tomorrow.
Earlier in the day, Germany’s finance minister hinted that a Greek plan to leave the bailout at the end of the month could draw a harsh reaction from financial markets.
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