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World

Greek PM in Germany: don't need 3rd bailout, Greece will lay out plan for future reforms

Associated Press
Published | Updated
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    German Chancellor Angela Merkel, right, and Prime Minister of Greece Andonis Samaras, left, address the media during a joint press conference as part of a meeting at the chancellery in Berlin, Germany, Tuesday, Sept. 23, 2014. (AP Photo/Michael Sohn) (The Associated Press)

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    German Chancellor Angela Merkel, right, and Prime Minister of Greece Andonis Samaras, left, address the media during a joint press conference as part of a meeting at the chancellery in Berlin, Germany, Tuesday, Sept. 23, 2014. (AP Photo/Michael Sohn) (The Associated Press)

BERLIN – Greece's prime minister says his country isn't seeking another international financial rescue and has indicated that a new economic reform plan is coming soon.

Since 2010, Greece has relied on two bailout packages totaling 240 billion euros ($308 billion). Payments from eurozone partners are due to end this year while those from the International Monetary Fund conclude in 2016.

After meeting with German Chancellor Angela Merkel on Tuesday, Greek Prime Minister Antonis Samaras said "Greece can now stand on its own two feet and ... we believe we do not require a new support package."

Samaras added that Greece will soon propose "its own framework to continue reforms in the years to come, beyond the timetable of the (bailout) agreements."

Germany has been the single biggest contributor to Greece's bailouts.