Euro zone finance ministers to work out details of Greek aid plan in video conference

By Robert Wielaard, AP
Sunday, April 11, 2010

Euro finance ministers to meet over Greek aid

BRUSSELS — Finance ministers of the 16 euro nations are to meet in a video conference to discuss the technical details of a financial aid package for Greece.

The European Commission says Sunday’s meeting of the 16 euro zone ministers is to start at 1200GMT.

A European official, speaking on condition of anonymity because of the sensitivity of the situation, said also a definite rate for loans at below-market interest will only be agreed after Greece makes a formal request for help. It has not yet done that.

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