Following their visit this week, the country's international creditors will decide whether to give Athens a third tranche of aid, worth €15bn, the biggest instalment so far.
The vote is constitutionally required before Cyprus can accept the terms of its bailout, and receive the first tranche of aid.
This would allow the first tranche of aid to be disbursed in time for a debt payment of more than €3bn that Athens is due to make to the European Central Bank on 20 August.
On Wednesday, Jean-Claude Juncker, the president of the Euro Group, an organization of European finance ministers, said he expected a sixth tranche of aid for Greece — a sum of about $10.7 billion on which the country's solvency depends — to be released by the end of November.
Senior Merkel allies Ralph Brinkhaus and Eckhardt Rehberg tried to put a positive spin on the Greek deal, noting that Schaeuble had won concessions on privatizations and that the first tranche of aid, at 26 billion euros, would be smaller than initially planned, keeping Athens on a tight leash.
The worst outcome, a highly discriminatory treatment of foreign holders of government debt, has been avoided (or at least postponed) thanks to frantic lobbying by, among others, the International Monetary Fund, which threatened to cancel the second tranche of its aid programme to Russia.
Ukraine's prospects dimmed last month, after the IMF said it was delaying the second tranche of a $16.4 billion aid package after it sent a mission to the country, but failed to convince leaders to accept the terms of the package.
However, the stringent methods they subsequently used the British government used anti-terror legislation to freeze Landsbanki's assets, while the second tranche of a $10 billion IMF aid package was also held up made the deal, even in its early stages, highly unpopular in Iceland.
The first tranche of assistance from Australia arrived in Port Vila on Sunday in the form of emergency medical supplies and a commitment of $5m in aid to humanitarian organisations such as the Red Cross.
The World Bank, which had been due to allocate its first tranche of donor aid last December, says it will not commit money until a handover of sovereignty, at the earliest.
