Greek Finance Minister Yanis Varoufakis said on Tuesday that Athens will not provide a new reform proposal to its creditors at the upcoming meeting of finance ministers.

"The Eurogroup is not the right place to present proposals which haven't been discussed and negotiated on a lower level before," he noted.

The next round of talks is scheduled to at the finance ministers' meeting this Thursday in Luxembourg.

Varoufakis added that Greece is ready to continue the debt talks.