Friday, July 15, 2011

Euro zone summit on Greece called for July 21

Reuters
July 15, 2011

Euro zone leaders will meet in Brussels on July 21 to discuss a second bailout package for Greece and the financial stability of the euro area, European Council President Herman Van Rompuy said on Friday.

The summit, which will start at 1000 GMT, could prove a critical moment in determining what role private sector creditors play in further aid to Greece, and how EU leaders will stem the threat of debt contagion to Italy and Spain.

"Our agenda will be the financial stability of the euro area as a whole and the future financing of the Greek program," Van Rompuy said in a statement posted on Twitter.

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