EU officials meet Monday to talk unfinished business
(07-06 22:28)
Euro zone officials are cautioning against expecting any quick action from the currency bloc's finance ministers when they meet on Monday to sort out the tangle of loose ends and disagreements left by last month's EU debt-crisis summit. Banking supervision, the use of European Union bailout money, aid to Spain and Cyprus and how to deal with Greece – together it could take months to finalise, despite pressure from financial markets for clarity on the details, Reuters reports. The crowded agenda may hamper progress. Discussing an aid package for Spain's banks, dealing with a request from Cyprus for emergency help, and whether to ease the conditions of Greece's second bailout are also on the table.
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