Dennis Kolberg

No prior commitments on Greek debt, says German ministry spokesperson

Concluding Greece's fourth review takes precedence over any talk on debt relief, the spokesperson of the German Finance Ministry Dennis Kolberg said on Wednesday, reiterating the ministry's position on the issue.

"There are no prior commitments or decisions," he said, adding that the main focus is the program review and the steps that will be followed after it expires in August.

Schauble: May 2016 EuroGroup measures on Greek debt are in effect

The European Stability Mechanism (ESM) is currently working on proposals for the implementation of the short-term measures agreed upon for the Greek debt relief, said German Finance Ministry spokesperson Dennis Kolberg. “The EuroGroup agreed on May 24, 2016 for the adoption of short-term measures on the debt after the completion of the first review.