Whether an emergency Eurogroup meeting will be held after Greece's request is uncertain, the Greek finance ministry told CNBC Wednesday.
The new loan agreement is separate to further bailout measures, for which Greece is still in talks with its lenders on, as it yet to agree on reform and austerity conditions of any new funding.
Tension mounted earlier in the week after negotiations between Greece and the Eurogroup broke, adding to investor fears of a possible "Grexit" or Greek exit from the euro zone.
Read MoreGreece: The final countdown
The European Central Bank has said it would hold off on cutting emergency funding for Greek banks, preventing a possible default which could spark a potential exit.
CNBC takes a look at the possible pathways Greece could leave the currency bloc.