BERLIN (Sputnik) — According to a representative from the German Ministry of Finance, who was also present at the briefing, the plan had not been agreed on with one of Greece's main creditors, the International Monetary Fund (IMF).
"This 'Plan B' [to exclude Greece from the Eurozone] was always seen as an alternative in case of failure to reach an agreement, that could be fulfilled only with the participation of Greece," Seibert told reporters at a briefing.
On Saturday, the German newspaper FAZ published excerpts from a document, allegedly originating in the German Ministry of Finance, which stated that the reform program proposed by Athens was insufficient and, unless as it was expanded, Greece should be excluded from the Eurozone for a period of five years in order to restructure its debt.
Earlier on Monday, leaders of the Eurozone reached an agreement on a new financial aid package for Greece in exchange for economic reforms in the debt-ridden country.
