Greece's Yanis Varoufakis with Christine Lagarde

IMF chief Christine Lagarde voiced hope for "a lot progress" at a meeting of Eurozone finance ministers on Saturday on Greece's last-ditch plan for a third bailout in return for economic reform.

"We're here today to make a lot of progress," Lagarde told reporters as she arrived for talks in Brussels with the ministers of the 19-country Eurozone.