Merkel Unaware of No-IMF Offer to Greece Amid Report of Proposal

Chancellor Angela Merkel said she wasn’t aware of any fresh offer made to the Greek government, after a report that creditors planned to extend the current bailout program as part of an ultimatum presented to Greece.

“I can only say that the three institutions have already worked out a proposal and surely -- that’s what they have emphasized repeatedly -- are prepared to continue talking with the Greek government about the conclusion of the second program,” Merkel said at a news conference in Berlin Thursday.

The German newspaper Die Zeit reported that creditors wanted to extend the present Greek program until the end of the year, without the participation of the International Monetary Fund.

Merkel, asked if the IMF has to stay on board, said “Yes, that is the situation.”

“I don’t know about these media reports,” she said.

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