Greece's creditors have completed a new package of proposed economic reforms to be put to the country's government in order to unlock its outstanding €7.2bn in bailout funding.
Greece, which was required to achieve a primary surplus of 4.5 percent under its current bailout plan, and which failed to achieve this ambitious target, has sought a lower budget surplus target and may resist this key element of the plan.
Soundings from Athens suggest that these measures are likely to be rejected.
The Syriza-led coalition has been drawing up a counter-plan, while Alexis Tsipras has suggested that it is time for the EU and the IMF to "adjust to realism" to save the country's economy, and the wider Euro economy from a devastating Greek default.
Greece is due to repay €310m to the IMF on Friday - it is unclear if it can afford to make this repayment, or if it will choose to not repay it.
Representatives of all 19 eurozone countries, including Ireland, are expected to be briefed on the outline plan in a teleconference today.
Mr Tsipras will also meet European Commission President, Jean-Claude Juncker in Brussels.
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Key sponsors, including Visa, Coke, and McDonald's were quick to welcome Sepp Blatter's decision to resign as the president of FIFA.
These brands had issued statements in recent weeks calling for reforms in football's global governing body - but none had directly threatened to walk away from the organisation.
Visa's statement said "by the recognition by FIFA that extensive and fundamental reform is needed as reflected by the announcement that President Blatter is resigning."
It continues, "We repeat, however, that it is our expectation that FIFA will take swift and immediate steps towards addressing the issues within its organisation to quickly rebuild a culture with strong ethical practices that will restore the reputation of the games for fans around the world."
"We believe this decision will help FIFA transform itself rapidly into a much-needed 21st Century structure and institution," Coca Cola said in a statement.
Budweiser, Adidas and McDonald's also issued broadly positive statements reacting to the news.
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Bookmaker Boylesports is challenging Ladbrokes Ireland's restructuring in the High Court - it says that the process has been designed in a way which prevents a takeover of the business.
Boylesports is set to launch a bid to take control of the company, in a move that will involve an eight-figure investment in the firm which it says would result in less jobs being loss and fewer shops closing.
Ladbrokes is currently working through a rescue plan with a High Court appointed examiner - it intends to cut some 250 jobs and close 60 branches in Ireland.
