Germany's government wants to install a "budget commissioner," with the power to veto budget choices by Athens, as a condition to a EUR 130 billion Greek bailout, the Financial Times reported Friday, citing a copy of the proposal.

The new commissioner, to be appointed by other euro-zone finance ministers, would oversee "all major blocks of expenditure" by Greece and veto budget decisions that weren't aligned with international targets, the newspaper reported.

The German plan was circulated to finance ministry officials from the so-called "euro working group," according to the newspaper.

A senior Greek finance ministry official said Athens was unaware of the proposal and couldn't comment while a German finance ministry spokesman declined to comment, the newspaper said.