So says German fin min spokesperson Jaeger
- Greece needs reforms to restore debt sustainability
- Greece will not get funding from IMF as long as Greece is in arrears
- Greek ESM programme would require Greek application first, requires prior Bundestag approval
Just down the corridor govt spokesman Seibert says Germany still wants the IMF to be part of Greek bailouts
Meanwhile the euro is in slow-mo as US hols and referendum have traders heading out the door
Here's one for Alex and Angela from everyone's fave haircuts