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Schaeuble: doubts on the credibility of Greek commitments

German Finance Minister Wolfgang Schaeuble said on Wednesday it had not been an easy decision for euro zone finance ministers to extend Greece’s loan agreement by four months and much doubt remained about how credible Athens' latest reform commitments really were, Reuters news agency reported.

"It wasn't an easy decision for us but neither was it easy for the Greek government because (they) had told the people something completely different in the campaign and afterwards," the German finance minister told SWR2 radio according to Reuters.

"The question now is whether one can believe the Greek government's assurances or not. There's a lot of doubt in Germany, that has to be understood," said Schaeuble. Despite his misgivings, he has urged German lawmakers to approve the Greek extension in a vote in parliament expected on Friday.