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Greek finance minister Evangelos Venizelos (l) will head the Socialist Party in the upcoming general elections (Photo: consilium.europa.eu)

Euro ministers to approve 2nd Greek bail-out

Eurozone finance ministers are meeting in Brussels on Monday (12 March) to give their final approval to the second Greek bail-out. But Spain's deficit problem is likely to weigh heavily on the talks.

In a conference last Friday, the so-called Eurogroup ministers approved the release of around half of the €130 billion bail-out, which is to help fund a massive bond-swap between Greece and private debt-holders.

The private sector involvement was deemed successful as over 85 percent o...

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Greek finance minister Evangelos Venizelos (l) will head the Socialist Party in the upcoming general elections (Photo: consilium.europa.eu)

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