The International Monetary Fund announced the approval of a $1.7 billion loan installment to Ukraine despite uncertainty about the country's debt sustainability and a conflict with separatist forces.
President Barack Obama urged Ukraine on Monday to follow through with tough economic reforms in order to meet its commitments to the International Monetary Fund and other global lenders.
Greek Prime Minister Alexis Tsipras was Tuesday to hold meetings with his parliamentary majority, faced with the tough task of selling a new bailout deal.
Dutch Finance Minister Jeroen Dijsselbloem was re-elected as head of the Eurogroup which coordinates policy for the 19-nation euro single currency area.
The International Monetary Fund said it stands is prepared to work with Greece and European Union partners to advance the third bailout effort for the country agreed early Monday.
Time was running out to get a desperately needed debt agreement in place after 10 hours of talks in Brussels, with Greece's economy and banking system at risk of imminent collapse.
Greek Prime Minister Alexis Tsipras told US Treasury Secretary Jacob Lew his country wanted the eurozone to provide a bailout, but one that "respects the Greek people".
German Chancellor Angela Merkel warned a Greek bailout deal would not come "at any price" as she arrived for a eurozone summit aimed at bridging gaps on how to keep Greece in the single currency.