EU leaders say Greece must come up with a new reform plan in the coming days in order to secure additional bailout funds it needs to prevent bankruptcy.
The announcement came after marathon talks between Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and other European leaders in Brussels which ended at 2am this morning.
The Greek Prime Minister told reporters he was "more optimistic" after the meeting.
Despite his optimism, relationships appear to have been worsening in the past few weeks. On Wednesday the Greek government passed bills to grant food stamps and free electricity to the country's poorest, despite objections of 'unilateral' action by Eurozone officials.
German finance minister Wolfgang Schäuble also accused the Syriza-led government of "totally destroy[ing] the trust of its European partners."
Menelaos Tzafalias, freelance journalist in Athens, spoke to Pat Kenny today about the situation following last night's meeting:
Europe Correspondent with the Irish Times Suzanne Lynch told Newstalk Breakfast that all eyes will be on Tsipras on Monday when he travels to Berlin:
Originally posted at 9.22am