Germany’s finance ministry has outlined last minute objections to the €86bn third bail-out deal provisionally agreed by the Greek government and its international creditors earlier this week - it is due to be debated by the Greek parliament later today.

In a paper circulated to other eurozone finance departments, the Germans have questioned issues such as the delay in deciding who will manage the planned €50bn fund generated by the privatisation of Greek companies.

They have raised issues about the sustainability of the projected economic growth rates mapped out for Greece; how it will service the €320bn in debts now accumulated; and in particular, whether the IMF will agree to co-fund the new three-year bail-out.

The board of the IMF is due to make this decision in the coming months.

Eurozone Finance Ministers are expected to meet tomorrow to approve the Greek agreement, but according to reports from Germany and Brussels, the issues raised by the Germans could see ministers agreeing to an additional short-term loan for Greece rather than immediate ratification of a broader deal