German FinMin: Greek aid decision will take time

German Finance Minister dampens hopes for quick decision on next Greece rescue package

Associated Press

BERLIN (AP) -- Germany's finance minister says international creditors won't be rushed when it comes to approving the next batch of rescue loans for Greece.

Wolfgang Schaeuble told a German newspaper in an interview published Sunday that the so-called troika of debt inspectors likely won't deliver their report on Greece's reform program by Monday.

Weekly newspaper Welt am Sonntag quoted Schaeuble as saying that even when the report is submitted to the European Central Bank, European Union and International Monetary Fund it will have to be studied carefully.

He says Germany's parliament must have the chance to "check, discuss and decide" on the release of another €31.5 billion ($39.99 billion) in loans to Athens.

"We all ... want to help Greece, but we won't be put under pressure," Schaeuble told the paper.

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