Belgrade, Feb, 22.
Germany has presented Greece with peace terms which Italy is prepared to sign, according to a report yesterday by well-informed quarters but without official confirmation, The terms were said to be:
Firstly, Italy withdraws demands for bases in Greece, which precipitated the war; Secondly, Italy asks immediate cessation of hostilities and withdrawal of Greek troops from Albania; Thirdly, the Italian-Greek frontier shal; be that established by the Protocol of Florence, December 17, 1913—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.