No reforms, no money, senior German lawmaker warns Athens

A senior German lawmaker in Chancellor Angela Merkel's conservative party on Wednesday warned the Greek government not to backtrack on its reform commitments.

A new bailout bill will adopt into Greek law new European Union rules on propping up failed banks, but it does not include pension reforms curbing early retirement or raising taxes paid by farmers. Those will be dealt with in coming weeks under a full bailout deal with European partners.

"We are keeping a close eye on whether Athens not only adopts the reforms, but also implements them," Gunther Krichbaum, chairman of the German Parliament's Europe committee, told the newspaper Bild. "Greece must fulfill the conditions, otherwise the money cannot flow."