Eurogroup ministers to discuss Greece
Eurozone finance ministers are to discuss Greece's debt crisis on Sunday, a Spanish government official said Saturday, after Foreign Minister Miguel Angel Moratinos expressed hoped of a solution.
The ministers will hold a conference call at 2:00 pm (1400 GMT) with the aim of "finalising aid mechanisms for Greece," the Spanish official said.
Speaking in Paris, Moratinos said, "I am quite optimistic that we are again able to show solidarity and above all send a message to the speculators that the eurozone is strong and firm."
European leaders agreed last month to provide last-resort assistance to Athens backed by the International Monetary Fund.
On Friday officials of the 16 countries using the euro agreed to levy interest rates below the market level if Greece is forced to seek the emergency aid.
Amid growing speculation that a rescue deal was in the offing, Greek Prime Minister George Papandreou held talks with several EU leaders late Friday.
The talks by phone involved EU President Herman Van Rompuy, European Central Bank chief Jean-Claude Trichet, EU Commission head Jose Manuel Barroso and eurozone finance chief Jean-Claude Juncker.
Moratinos said Spanish Prime Minister Jose Luis Rodriguez Zapatero, whose country currently chairs the European Union, and French President Nicolas Sarkozy had also been in talks with Van Rompuy, Barroso and Juncker.
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