Greek finance minister Yanis Varoufakis wants an international bailout program extended beyond an impending March deadline which would cut off financial support.
The European Commission is expected to propose a 6 month delay to Greece's exit of the program in order to reach a sustainable deal, avoid a default and Greece's exit from the euro.
But eurozone creditors such as Germany have been reluctant to make exceptions and have ruled out the possibility of granting Athens major debt relief.
Guntram Wolff, director of the Bruegel think tank, says the Greek government may be forced to continue reforming its economy before any deal can be made to significantly cut down debt.
IN: "I think once…"
OUT: "…agreement."
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Guntram Wolff, director of the Bruegel think tank, says it's unlikely all of Greece's demands will be met.
IN: "I think a…"
OUT: "…strong."
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