Merkel says Greece must reform to secure credit

Reuters

Tue, Jul 7, 2015, 1:00 PM

BRUSSELS (Reuters) - German Chancellor Angela Merkel said Greece must commit to reforms to secure new loans and stressed as she arrived for a euro summit in Brussels on Tuesday that only days were left to secure a deal.

"There is still no basis for negotiations in the ESM program framework," she said of Greek plans to request a loan from the European Stability Mechanism.

"Without solidarity and reforms it's not possible to go where we want to go," she added. "It's not a matter of weeks but of a few days. We will see what the Greek prime minister will tell us."

(Reporting by Robert-Jan Bartunek; Editing by Alastair Macdonald)

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Merkel says Greece must reform to secure credit

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