German Finance Minister Wolfgang Schaeuble said on Monday that he is confident that the International Monetary Fund (IMF) will take part in a new bailout for Greece.

"I am sure that the IMF, whose role we have described as indispensable, will take part in this programme," he said.

German finance minister called existing loan terms "very generous"

The German parliament will vote on the third Greek bailout programme on Wednesday. Some lawmakers wanted to be sure the IMF would take part.