Greece has submitted its economic reform proposals and asked for 53.5 billion euros ($59.4 billion) as part of a new bailout package from its creditors. So what happens next?
On Friday, the Greek parliament will vote on the plans. Then, on Saturday, the Eurogroup of finance ministers will discuss the proposals.
If that goes well, the euro zone heads of government will meet on Sunday, but there is unlikely to be a full-blown European Union (EU) summit with all 28 heads of government, an EU official told CNBC.
But if the euro zone finance ministers and leaders don't find Greece's proposals acceptable, then there is likely to be a full EU summit on Sunday, according to the EU official.
The chart below shows the likely next steps for Greece.