A spokesman for the German finance minister has played down hopes of a deal on Ireland's bank debt.
The Taoiseach raised the issue with the German Chancellor after the Fiscal Treaty referendum.
The Irish Times quotes a spokesman for Wolfgang Schauble as saying they see "no need for movement" at the moment.
Meanwhile, ratings agency Fitch said the timing of Ireland's return to the markets was still unclear, despite Ireland's Yes vote in last week's referendum.
Yields on Irish 10-year government bonds remain above 7%.
Business reporter Ian Guider said it was still not viable at this stage to return to international bond markets.
"Fitch are saying we're doing really well, but your budget deficit is still quite high (and) events elsewhere will take their toll on their eurozone.
"That means it's very unclear at this stage that the country can go back into the borrowing markets next year."
Meanwhile, one economist has summed up the German view on a fresh deal over Ireland's bank debt as: "Not at the moment, we're busy."
G7 finance ministers will hold a conference call later, amid continuing concerns that some of Spain's banks could face collapse if they do not get direct aid.
Professor John Fitzgerald from the ESRI said Ireland needed to play the waiting game.
"The crisis in Europe centres around Spain…When the Spanish problem is solved, and if it is solved in a way satisfactory to Spain and to the Irish Government and to the rest of Europe, we will come in on the coattails of it."