May 16, 2011
EU ministers remain determined to contain the debt crisis after the arrest of IMF chief Dominique Strauss-Kahn for alleged sexual assault, which has cast a cloud over a key gathering in Brussels on Monday.
Europe's financial leaders will discuss how best to deal with Greece's mounting debt crisis in a meeting in which Nemat Shafik, a deputy managing director who oversees IMF work in several EU countries, will represent Strauss-Kahn.
The talks will centre on whether Greece should be given more financial help, and what conditions should be applied to any new rescue package. Some European leaders are unhappy at what they regard as a lacklustre effort by the Greek government to raise money by selling government property.
The Greek government said Strauss-Kahn's arrest, on charges of sexually assaulting and attempting to rape a maid in a New York hotel, would not affect efforts to resolve its financial woes.
"The Greek government deals with institutions, not individuals, and continues unimpeded to implement the programme that will get it out of a crisis," a spokesman for the Greek government said.
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