A five-way meeting between top European officials has been arranged on Tuesday, in order to discuss the latest developments in the dramatic negotiations between Greece and its creditors.

The president of the European Commission Jean-Claude Juncker, the president of the European Central Bank Mario Draghi, the President of the Eurogroup Jeroen Dijsselbloem, the president of European Parliament Martin Schulz and the President of the European Council Donald Tusk will meet in Brussels on Tuesday afternoon.

At the top of the agenda will be the negotiations with Greece, as well as how the European Union may respond to any possible developments.