Policymakers at the Bundestag, Germany's parliament, will debate and vote on the next tranche payment for Greece, which was approved by the Eurogroup on Monday.

Most analysts believe that it will be approved by a wide majority although friction is expected between the politicians.

German Finance Minister Wolfgang Schauble was confident ahead of the meeting that there would be no problem in approving the Greek deal.

He told ADR TV that the plan to buy back Greek debt would help reduce the debt loan although it would not excempt Greece from the risk of a default.

It will be important to see how members of the Social Democratic Party (SDP), which are in the opposition, vote on the Greek deal.

Peer Steinbruck, SDP member and candidate for next year's elections for Chancellor, confirmed that his party will back the adjustments made to the Greek bailout.

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