By Jonathan Davies

Greek Prime Minister Alexis Tsipras has told associates that the country's latest proposals for economic reform were not accepted by its European creditors, according to reports.

Reuters is reporting that a Greek government official said Mr Tsipras told his aides that the International Monetary Fund (IMF) "does not want a deal" or is 'protecting its own interests'.

Mr Tsipras held fresh talks in Brussels, hoping to agree a deal today (Wednesday).

European leaders had largely praised Greece's latest economic reforms proposals, but stressed that differences still remain.

Greece has less than a week to secure extra funding in order to make a €1.6 billion repayment to the IMF. If it fails to make that payment, Greece will default on its debt and likely exit the EU.

Even if a deal were to be agreed, there is still a long way to go for it to go ahead. It would still require approval from the Greek parliament, where some of Mr Tsipras' Syriza Party have already criticised their leader for conceded too many so-called "red lines". The party was elected in January on the basis that it would oppose austerity measures - the very measures required by Greece's European creditors to secure a deal.

Greece's creditors are keen for the country to implement economic reforms as an insurance that extra bailout funds won't be wasted.

Even if Greece does manage to meet its payments at the end of June, it faces another €453 million repayment to the IMF on 13 July and a €3.3bn repayment to the European Central Bank (ECB) on 20 July.