Greek Prime Minister Alexis Tsipras arrived in Brussels on Sunday night in the hope of clinching a deal for Greece with its international creditors. He is presenting new proposals for reforms – some painful – so as to cover the fiscal gap in his country’s budget following pressure from creditors.

The 11th-hour concessions were submitted by Greece following a frenzy of diplomacy on Sunday with telephone contact between Tsipras and German Chancellor Angela Merkel, French President Francois Hollande and European Commission President Jean-Claude Juncker.

It is still unclear whether Greece’s proposals will meet its creditors’ demands for spending cuts and welfare reforms. Hollande said that he had received the proposals on Sunday but did not give further details. EC official Martin Selmayr said that the proposals received “offered a good basis for progress” though he described negotiations as a “forceps delivery”.

Crucial meetings on Monday

Monday morning – European Council Chief Donald Tusk to meet with Tsipras

Noon – Tsipras will meet at the European Council with European Commission President Jean-Claude Juncker, Eurogroup Chief Jeroen Dijsselbloem, IMF Chief Christine Lagarde and European Central Bank Chief Mario Draghi.

1.30 p.m. – Eurogroup meeting starts at 12.30 p.m. and will be attended by Greek Finance Minister Yanis Varoufakis

7 p.m. – Tsipras to attend 18 Eurozone leaders meeting to discuss Greece

Apart from political discussions concerning the future of Greece, the country will find out if it will get more emergency funds from the ECB.

Greece is eyeing 7.2 billion benchmarked for Greece that has yet to be disbursed. It is hoped that this money will be used to facilitate debt repayments.