German Minister: Greek Aid Decision to Take Time

BERLIN -- 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 euros ($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.

> > Bull or Bear? Vote in Our Poll

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Stocks

Dow Futures Pop Despite Rising Trade War Fears

Dow Futures Pop Despite Rising Trade War Fears

Why GE's Stock Has Fallen 9% in the Last 30 Days

Why GE's Stock Has Fallen 9% in the Last 30 Days

5 Stock Picks Under $10 for Millennials

5 Stock Picks Under $10 for Millennials

3 Complicated Investing Strategies Millennials Love

3 Complicated Investing Strategies Millennials Love

Tyson Foods CEO: We Aren't Done Making Deals

Tyson Foods CEO: We Aren't Done Making Deals