There have been no discussions with Greece regarding its debt until now, German finance ministry spokeswoman Friederike von Tiesenhausen said on Monday commenting a report in “Der Spiegel”.

It is absolutely logical that there should not be any discussion on the debt, “since it has been agreed that a review must be carried out first, which will determined definitively what course public spending in Greece will take in the long term,” she said.

“We will now wait until the review is concluded and then, possibly, there will be such a discussion. But, I cannot rush to conjectures from the current position” she added.

According to the “Der Spiegel” report, a discussion was underway regarding the possibility that the European Stability Mechanism (ESM) could take over the bilateral loans from the first bailout and give Greece “fresh” money on more favourable terms.