Greece is set to request a loan extension
Greece is expected to request a six-month extension of its loan agreement on Wednesday, the BBC said, citing reports.
The loan would not be an extension of the current bailout agreement, which includes strict austerity measures, Greek government officials were quoted as saying.
On Monday night, Greece rejected a plan to extend its €240bn (£178bn) bailout, describing it as "absurd."
Without a deal, Greece is likely to run out of money.
The eurozone has given Greece until Friday to decide if it wants to continue with the current bailout deal.
Greece wants to replace the bailout with a new loan that it says would give it time to find a permanent solution to the debt crisis.
Greece's current bailout expires on 28 February. Any new agreement would need to be approved by national governments, so time is running out to reach a compromise.
Earlier Greek Prime Minister Alexis Tsipras called for a vote to scrap its austerity programme on Friday, the same day as the eurozone deadline.
"We will not succumb to psychological blackmail," Mr Tsipras told parliament.
"We are not in a hurry and we will not compromise."