Minister for Finance Michael Noonan will join Eurozone finance ministers in Brussels today to continue discussions on allowing Greece access €7 billion from its bailout.
Negotiations have been slow to progress in the last few months, with fears growing that an exit by Greece from the eurozone in likely.
Eurozone sources say there is little expectation of a deal today to secure the release of 7.2 billion euro to Greece – the final tranche of cash from its second bailout.
It follows months of tension and disagreement between the government and the EU/IMF on reforms in exchange for the money.
On Tuesday, the Syriza-led government is also due to repay 770 million euro the IMF and a further 1.5 billion euro in June.
Concerns are deepening that the country will become insolvent as it continues to take money from local governments to pay its debts.
Sources also fear that if an agreement is not made by July or August, a Greek exit from the single currency could also then be on the cards.
