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Euro zone ministers gather for Greece meeting
15-03-2010 09:31
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Euro zone finance ministers are today gathering for a two-day meeting in Brussels to discuss to seek a way of helping Greece overcome its debt crisis.
Greece will update the other euro zone members on its austerity measures, while rumours are that a possible bail-out for the troubled country will also be discussed.
However, some of the single-currency region's finance ministers have already ruled out financial aid for Greece.
Germany's Finance Minister Wolfgang Schaeuble and France's Christine Lagarde both said over the weekend that they do not expect any definite decision to be made today or tomorrow.
Lagarde added that Greece had 'delivered enormously' with its austerity steps.
Greece will update the other euro zone members on its austerity measures, while rumours are that a possible bail-out for the troubled country will also be discussed.
However, some of the single-currency region's finance ministers have already ruled out financial aid for Greece.
Germany's Finance Minister Wolfgang Schaeuble and France's Christine Lagarde both said over the weekend that they do not expect any definite decision to be made today or tomorrow.
Lagarde added that Greece had 'delivered enormously' with its austerity steps.
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