BRUSSELS _ ? Germany's finance minister says a deal between Greek party leaders on new spending cuts appears to not yet fulfill all the conditions for a euro130 billion ($173 billion) bailout.
Wolfgang Schaeuble says that "The agreement, as far as I understand, is not at a stage where it can be signed off."
Schaeuble says the conditions for the bailout include bringing Greece's debt level down to 120 percent of GDP by 2020, limiting official rescue loans to euro130 billion and getting approval from the Greek parliament.
He said "'Those general requirements are not fulfilled yet."
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.
ATHENS, Greece (AP) ? Greece's deputy labor minister has resigned to protest demanded new austerity measures.
Yiannis Koutsoukos issued a statement on Thursday saying he opposes implementation of cutbacks and reforms agreed earlier Thursday to secure the country's international rescue loan lifeline.
Koutsoukos is a lawmaker with the majority Socialist party.
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