Euro Region Ministers Circle In on Greek Rescue as Crisis Disputes Linger – Bloomberg

“European officials attempting to fend off the euro area’s first sovereign default will try to settle remaining disputes today as they close in on a 130 billion-euro ($170 billion) Greek bailout. Finance ministers meet in Brussels at 3:30 p.m., joining Greece’s prime minister, Lucas Papademos, who arrived on the eve of the gathering. Their talks on his country’s second bailout in two years will aim to reconcile demands made on Greek leaders, a debt swap among private creditors, the role of the European Central Bank and concerns the measures won’t bear fruit.”

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