Wolfgang Schaeuble visited Athens on Thursday amid massive police security.
During the visit he discouraged talk of Greece receiving a second write-off on its public debt owed to eurozone governments through bailout loans.
Deeply unpopular in Greece, Mr Schaeuble is viewed as the enforcer of the country's harsh austerity measures.
"I am very impressed by what Greece has already achieved in rebalancing and modernising the economy," Mr Schaeuble said, adding that Germany would contribute to a fund to provide liquidity to Greek businesses.
His visit followed several days of protests and a general strike over the new bill of austerity measures outlining the redeployment of up to 25,000 civil servants.
Read more: BBC News - Germany's Schaeuble praises Greek economic progress
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