Germany expects agreement on ‘sustainable package’ for Greece on Thursday

Germany expects Greece and its lenders to reach a compromise deal on new loans this week and there is no guarantee Athens will get debt relief, a finance ministry spokesman said on Wednesday.

"We expect that we will be able to agree on a sustainable overall package," spokesman Juerg Weissgerber said at a regular government news conference when asked about Thursday's meeting of eurozone finance ministers.

Asked about debt relief measures for Greece, he said it remained the German government's point of view that such measures for Greece can only be decided on after the existing third bailout ends in 2018.

[Reuters]